Deals Counterparts

SK Innovation to Supply Batteries for Hyundai Motor's Next-Gen EVs

Supply Agreement Battery announced Seoul, South Korea Nov 15, 2025

Hyundai Motor selected SK Innovation to supply batteries for its next-generation electric vehicles. The deal aims to enhance Hyundai's EV battery supply chain.

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.

Location
SEOUL, September 8, 2020
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."

K
Kia Motors

"both sides are focusing on the initial process of collecting and verifying the battery pack of Kia Motors’ Niro EV model."

K
Korea Hydro & Nuclear Power Co.

"Hyundai Motor Group is striving to secure and open up new markets by collaborating with global players specializing in EV battery reuse, including Korea Hydro & Nuclear Power Co., Wärtsilä, OCI, and Hanwha Solutions."

W
Wärtsilä

"Hyundai Motor Group is striving to secure and open up new markets by collaborating with global players specializing in EV battery reuse, including Korea Hydro & Nuclear Power Co., Wärtsilä, OCI, and Hanwha Solutions."

O
OCI

"Hyundai Motor Group is striving to secure and open up new markets by collaborating with global players specializing in EV battery reuse, including Korea Hydro & Nuclear Power Co., Wärtsilä, OCI, and Hanwha Solutions."

H
Hanwha Solutions

"Hyundai Motor Group is striving to secure and open up new markets by collaborating with global players specializing in EV battery reuse, including Korea Hydro & Nuclear Power Co., Wärtsilä, OCI, and Hanwha Solutions."

high quality Enriched Feb 19, 2026

Timeline

Announced
Nov 15, 2025
Signed
Closed
1 of 1 Battery deals tracked this month · Updated daily

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