Hyundai, SK Chiefs Discuss EV Battery Cooperation

Published on 2020/07/12 | Source

SK chairman Chey Tae-won (left) and Hyundai chief Chung Eui-sun shake hands at SK's factory in Seosan, South Chungcheong Province on Tuesday. /Newsis

Hyundai chief Chung Eui-sun met with SK chairman Chey Tae-won at SK Innovation's factory in Seosan, South Chungcheong Province on Tuesday to discuss cooperation in batteries for electric cars.

Chung said that the meeting was an important chance to discuss the future direction of EV batteries and other new technologies the two firms are developing.

Chey said as Hyundai and affiliate Kia are leading players in the future mobility field, cooperation would not only be helpful for both companies but for the Korean economy as a whole.

This is Chung's series of meetings with executives of local conglomerates that make batteries following LG chairman Koo Kwang-mo last month and Samsung chief Lee Jae-yong in May.