Hyundai Motor Group is taking significant steps to enhance its competitiveness in the electric vehicle sector by developing its own battery technology. This decision comes after competitor BYD showcased its impressive megawatt charging platform. A newly formed team, the B Task Force, comprising top engineers and executive leaders, will focus on the in-house production of battery cells. Although Hyundai previously coordinated battery integration with suppliers like LG Energy Solution and SK On, this move reflects a strategic pivot to bolster technical independence and innovation in battery manufacturing.
Hyundai Motor Group is creating a dedicated team to develop in-house electric vehicle battery cells, aiming to enhance integration and reduce costs amidst rising competition.
The establishment of the B Task Force, which includes leading engineering experts, highlights Hyundai's strategic shift towards self-sufficient battery production in the competitive EV market.
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