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Hyundai is busy building its own car battery processing line to reduce its dependence on Korean battery manufacturers

by:CTECHi     2021-09-12
According to foreign media reports, Hyundai will not only develop batteries for electric vehicles, but also process batteries on its own. Hyundai started to hire experts in battery Ru0026D and processing at the beginning of this year, and plans to establish the first battery processing line in its laboratory. Currently, relevant equipment has been ordered. 'Korea Herald' quoted the revelations of 'industry insidersAccording to industry sources, the measure aims to reduce the dependence on products of South Korean battery manufacturers such as LG Chem and SK Innovation. Hyundai seems to have been hiring researchers to be responsible for matters related to battery Ru0026D and manufacturing. The first processing line will be installed in the modern research laboratory in Euiwang, Gyeonggi Province. According to the Korea Herald, Hyundai recently issued purchase orders to multiple equipment manufacturers. However, according to industry estimates, the annual output of the processing line is less than 1GWh, and may only be able to supply on-board batteries for hundreds of electric vehicles. In addition, a Hyundai spokesperson confirmed that the company is building a battery processing line, but denied that it plans to use it to process batteries and supply its vehicles.
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