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Hyundai Motor Group

Hyundai and SK Innovation partner to develop EV lithium-ion battery industry ecosystem

Fri, 09/11/2020 - 10:31 -- Paul Crompton

Vehicle OEM Hyundai Motor Group and lithium-ion battery maker SK Innovation will partner to create a battery value chain and strengthen eco-friendliness of electric vehicle batteries.

The South Korean firms have agreed to cooperate in the development of a sustainable ecosystem for electric vehicle (EV) batteries and create acycle of battery usage known as the Battery as a Service (BaaS), which includes lease or rental service. 

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Hyundai signs MoU to use second-life EV lithium-ion batteries in ESSs

Fri, 06/05/2020 - 12:35 -- Paul Crompton

South Korea's vehicle OEM Hyundai Motor Group has signed a memorandum of understanding (MoU) with PV manufacturer Hanwha Q Cells to recycle old EV batteries into second-life energy storage applications.

The partnership will develop energy storage systems (ESS) using old EV batteries for the European and North American markets.

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Samsung in talks with Hyundai to supply its lithium-ion pouch cells for EV applications

Thu, 05/14/2020 - 11:17 -- Paul Crompton

Representatives from battery giant Samsung and vehicle OEM Hyundai Motor Group have met in Korea to discuss use of a lithium-ion solid-state cell in next-generation electric vehicles.

The meeting between Samsung Electronics vice chairman Jay Y. Lee and Hyundai Motor Group's executive vice chairman Chung Eui-sun was made on 12 May at the battery plant of Samsung Display in Cheonan, near Seoul, reported the country’s media outlet Aju Business Daily.

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Hyundai signs MoU to use second-life lithium-ion batteries in ESSs

Wed, 09/11/2019 - 15:01 -- Paul Crompton
Hyundai signs MoU to use second-life lithium-ion batteries in ESSs

South Korea’s vehicle OEM Hyundai Motor Group has committed to a joint project with Korea-based energy solution firm OCI to reuse second-life lithium-ion batteries from EV’s in energy storage systems (ESS). 

The systems will be used in solar power generation applications following the signing of a memorandum of understanding on 9 September.

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