Saudi Wealth Fund, Hyundai Motor Agree to Build Auto Plant
(Bloomberg) — Hyundai Motor Co. has agreed to a deal with Saudi Arabia’s sovereign wealth fund to develop a more than $500 million car assembly plant, joining electric vehicle maker…
UAW pauses plan to expand car plant strikes, citing breakthrough in GM talks
Business The United Auto Workers has decided not to expand its strikes against Detroit’s three automakers after General Motors made a concession on unionizing electric vehicle battery plants. Factory in…
Beijing Hyundai Motor cuts asking price for China auto plant by 30%
A Beijing Hyundai sign is seen at an entrance to the Beijing Hyundai Motor plant in Chongqing, China October 8, 2018. REUTERS/Yilei Sun/File Photo Acquire Licensing Rights SHANGHAI, Oct 9…
Hyundai Motor Group, LG Energy to build $4.3 billion EV battery plant in US
By Hyunsu Yim and Ju-min Park SEOUL (Reuters) -South Korea’s Hyundai Motor Group and LG Energy Solution Ltd (LGES) on Friday said they will build a $4.3 billion electric vehicle…
Hyundai Motor Group, LG Energy to build USD 4.3 bn EV battery plant in U.S, ET Auto
Hyundai Motor Group, which houses Hyundai Motor Co and Kia Corp, and LGES will hold a 50 percent stake each in the joint venture. South Korea’s Hyundai Motor Group and…
Hyundai Motor Group, LG Energy to build $4.3 billion EV battery plant in US
SEOUL, May 26 (Reuters) – South Korea’s Hyundai Motor Group and LG Energy Solution Ltd (LGES) (373220.KS) on Friday said they will build a $4.3 billion electric vehicle (EV) battery…