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Hyundai Motor, Kia To Partner With India's Exide Energy On EV Batteries - Avision Marketing Pte Ltd

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Hyundai Motor, Kia To Partner With India's Exide Energy On EV Batteries

09-Apr-2024

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Hyundai Motor, Kia To Partner With India's Exide Energy On EV Batteries

SEOUL : Hyundai Motor Co and Kia Corp on Monday signed a memorandum of understanding with India's Exide Energy Solutions Ltd on battery production for their electric vehicles (EVs) in India.

The South Korean auto duo said in a statement that their partnership with Exide Energy aims to localise their EV battery production in India, specifically focusing on lithium-iron-phosphate (LFP) cells.

Source: CNA

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