A South Korean battery maker will supply electric vehicle (EV) batteries to Hyundai Motor Group’s manufacturing plants in the United States, as government incentives and the auto industry’s move to electrify its car fleets continue to fuel EV-related investment. SK On, part of Seoul-based SK Group, and Hyundai announced the partnership on Nov. 30, saying…
America’s EV Boom Continues With Hyundai and SK On Battery Deal
November 30, 2022
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Business & MarketsCompanieselectric vehicleelectric vehicle batteriesenergyHyundaiInflation Reduction ActJoe BidenKiaMarketsSK GroupSK InnovationTech
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South Korean Energy Company Invests in US Startup Amogy for Ammonia-Based Fuel Development
South Korean energy company SK Innovation will invest $30 million in U.S.-based Amogy to develop ammonia-based fuel cell systems as it seeks to expand businesses in low-carbon energy. The two companies signed a memorandum of understanding on technology cooperation in San Jose, California, on June 12, Yonhap News Agency reported. SK Innovation said it plans…
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