UPDATED. 2022-09-22 17:37 (목)
Hyundai, LG bosses meet for EV battery collaboration
Hyundai, LG bosses meet for EV battery collaboration
  • Stan Lee
  • 승인 2020.06.22 21:33
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The two leaders shared their roadmap in future battery tech
Hyundai Motor Group executive vice chairman Chung Eui-son, left, met his counterpart LG Group chairman Koo Kwang-mo on Monday Image: LG Corp.
Hyundai Motor Group executive vice chairman Chung Eui-son, left, met his counterpart LG Group chairman Koo Kwang-mo on Monday Image: LG Corp.

The leaders of Hyundai Motor Group and LG Group has met for the first time to discuss collaboration in batteries for electric vehicles (EV) on Monday.

Chung Eui-son, executive vice chairman of Hyundai Motor, and LG Group chairman Koo Kwang-mo, met at LG Chem’s Ochang battery plant, accompanied by their senior executives, the two companies said in a statement.

The two parities shared their opinions on the future batteries from lithium-sulfur to solid-state batteries. Chung also toured LG’s Ochang factory line and research lab.

Hyundai Motor Group recently chose LG Chem as the secondary vendor of batteries for its Hyundai brand's next-generation EV platform E-GMP.

Previously, the Hyundai Motor brand received its supply exclusively from LG while affiliate brand Kia Motors got theirs from SK Innovation.

LG Chem was actively developing next-generation batteries such as lithium-sulfur batteries and solid-state batteries as well as though new long-lasting batteries, LG Corp, the holding company of LG Group, said in a statement. LG said it hoped for active collaboration between the two conglomerates.

Hyundai and Kia were researching technology to offer the best batteries optimized for Evs, Hyundai Motor Group said in a statement. The meeting was done to share their development roadmap for the future, the group added. 


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