On Friday, Hyundai Motor Group unveiled its ambitious plan to establish a sprawling battery research and development hub in South Korea, with the aim of fortifying its electric vehicle endeavors. This center, which will see an investment of 1.2 trillion won (roughly equivalent to US$818.3 million) and span an impressive 111,000 square meters, embodies the company's forward-looking vision. By leveraging cutting-edge battery R&D facilities, Hyundai Motor aspires to take the lead in shaping the future of mobility. The construction of this center is anticipated to reach completion by the end of 2026.
