Hyundai wants to become a global frontrunner in the electric vehicle (EV) space, and its latest step towards that goal is to bring battery production in-house.
In order to cut the prices of its EVs and become more competitive in the growing EV landscape, it wants to start making its own lithium-iron phosphate (LFP) batteries – reduce its reliance on Chinese supply chains in the process.
The first Hyundai vehicles with LFP batteries will reportedly appear in 2025, aimed at…
Comments are closed