Hyundai Motor to invest $100 million in battery startup SolidEnergy Systems - Yonhap


FILE PHOTO: The logo of Hyundai Motor is seen on wall at a event of Hyundai Motor Co's new Accent in Mexico City, Mexico August 2, 2017. REUTERS/Henry Romero

SEOUL (Reuters) - South Korea's Hyundai Motor Co has invested about $100 million to buy a stake in a lithium metal battery startup, Yonhap news agency reported on Sunday, citing industry sources.

"As we have been investing in various companies related to electrification, our investment in SolidEnergy is part of that," an official at Hyundai Motor told Yonhap.

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