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Hyundai Motor to invest US$100 million in battery startup SolidEnergy Systems - Yonha
05-07-2021, 09:21 AM
Příspěvek: #1
Hyundai Motor to invest US$100 million in battery startup SolidEnergy Systems - Yonha
Hyundai Motor to invest US$100 million in battery startup SolidEnergy
Systems - Yonhap


[Obrázky: file-photo--the-logo-of-hyundai-motor-is...city-7.jpg]

South Korea's Hyundai Motor Co has เกมสล็อต invested about US$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.

Founded in 2012, SolidEnergy Systems (SES), which was spun off from
the Massachusetts Institute of Technology, develops anode-free lithium metal
batteries.

SES shareholders include General Motors Co, SK Inc, Tianqi Lithium Corp among
others, according to the company's website.

In April, Hyundai said during its earnings call that the company had been
developing solid-state batteries and planned to mass produce electric vehicles
(EV) using solid-state batteries in 2030.

Hyundai currently sources its batteries for its EVs from SK Innovation Co Ltd and
LG Chem Ltd's wholly-owned LG Energy Solution.

In March, General Motors announced a partnership with SES to boost its battery
development, allowing for increased electric vehicle driving range in a smaller
package.
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