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Hyundai backs solid-state with Ionic investment

Wed, 07/18/2018 - 09:28 -- Xuan Zhong
Hyundai backs solid-state with Ionic investment

South Korean car giant Hyundai has made an undisclosed investment in US-based Ionic Materials’ development of solid-state battery tech for electric vehicles (EV).

The investment by Hyundai’s business innovations arm— Hyundai Cradle— will keep the car firm “at the forefront of battery development, allowing us to build better eco-friendly vehicles”, said vice-president John Suh.

 

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