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Friday, May 26, 2023

Hyundai-LG venture: US batteries for 300,000-vehicle Georgia Metaplant

2023 Hyundai Ioniq 6Hyundai and the battery maker LG on Friday confirmed final details for a joint battery venture to be located in Georgia and due to supply cells for Georgia-made electric vehicles starting in late 2025. The total investment of the 50/50 joint venture will be $4.3 billion, the companies confirmed, and it will produce 30 gigawatt-hours of battery...

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