SK Innovation to work with Hyundai Motor, Kia to develop hybrid EV batteries


FILE PHOTO: The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017. REUTERS/Kim Hong-Ji/File Photo/File Photo

SEOUL (Reuters) - South Korea's SK Innovation Co Ltd said on Friday it will cooperate with Hyundai Motor Co and Kia Corp to develop pouch-type batteries for hybrid electric vehicles (EVs).

SK Innovation said in a statement that it aims to supply batteries for Hyundai and Kia hybrid EVs that are expected to be launched starting 2024.

(Reporting by Joyce Lee; Editing by Himani Sarkar)

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3

   

Next In Tech News

PayPal overhauls U.S. rates as payments competition heats up
German state of Bavaria in talks with Intel on chip megafactory
Exclusive: Google's adtech business set to face formal EU probe by year-end - sources
Subaru to temporarily shut its plants in July due to chip shortage
Can AI predict how sick you’ll get from Covid-19? Scientists think so
Ferrari, Amazon's AWS enter agreement on data
Spain's BBVA opens Bitcoin trading service to clients in Switzerland
Facebook's 'Neighborhoods' faces crowded niche market, profiling concerns
Lawmaker: North Korea hackers target South Korea nuclear think tank
Adevinta, eBay clear final hurdle in $13 billion advertising tie-up

Stories You'll Enjoy


Vouchers