Hyundai selects LG Chemicals to supply battery for EVs

Hyundai Sonata

Hyundai Motor Group, which includes Hyundai Motor and its sister company Kia Motors, has picked LG Chemicals as one of the battery suppliers for its new electric vehicles.

Hyundai Motor said last year it would launch 16 EV models by 2025 with an aim to boost EV sales to 560,000 by then.