Hyundai Motor Group Partners with SK Innovation for Battery Supply

Source Intelligence

KEY DETAILS

Collaboration to cover diverse areas including EV battery sales solutions, battery reuse and recycling. Strengthen the stability of the battery supply chain and maximize added value by creating a virtuous cycle of resources. Two parties to enhance competitiveness of battery reuse business in the EV era.

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Location

SEOUL, September 8, 2020 – Hyundai Motor Group and SK Innovation Co. have agreed to cooperate in the development of a sustainable ecosystem for electric vehicle (EV) batteries that are key to the future mobility industry.

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Announcement

SEOUL, September 8, 2020 – Hyundai Motor Group and SK Innovation Co. have agreed to cooperate in the development of a sustainable ecosystem for electric vehicle (EV) batteries that are key to the future mobility industry.

PARTIES MENTIONED IN SOURCE

H

Hyundai Motor Group buyer

"Hyundai Motor Group and SK Innovation Co. have agreed to cooperate in the development of a sustainable ecosystem for electric vehicle (EV) batteries that are key to the future mobility industry."

S

SK Innovation Co. seller

"Hyundai Motor Group and SK Innovation Co. have agreed to cooperate in the development of a sustainable ecosystem for electric vehicle (EV) batteries that are key to the future mobility industry."

high quality Enriched Feb 19, 2026