Hyundai and Kia invest in battery software provider Qnovo
Hyundai and Kia announced a strategic investment in Qnovo, a battery software platform provider.
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Counterparts (3)
Investor
Kia
Kia Corporation, a global automotive manufacturer and part of Hyundai Motor Group, is headquartered in Seoul, South Korea, with approximately 52,000 employees. The company is actively expanding its electric vehicle (EV) lineup and investing in related charging infrastructure, sustainable mobility solutions, and renewable energy integration for its global operations.
Hyundai Motor Group
Hyundai Motor Group is a South Korean automotive manufacturer focused on technology innovation for a sustainable future. The company's website highlights its commitment to sustainability and innovation.
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KEY DETAILS
The investment follows years of collaborative testing between Qnovo and Hyundai/Kia.
PARTIES MENTIONED IN SOURCE
H
Hyundai Motor
investor
"Hyundai Motor and Kia’s investment is a testament to the strategic importance of sophisticated battery intelligence for charging and vehicle experience"
K
Kia
investor
"Hyundai and Kia have announced a new strategic investment in Qnovo"
Q
Qnovo
target
"Hyundai and Kia have announced a new strategic investment in Qnovo , maker of a software platform that monitors battery health."
medium quality
Enriched Mar 9, 2026
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