SEOUL (Reuters) – South Korea’s SK Innovation Co Ltd said on Friday it will cooperate with Hyundai Motor Co and Kia Corp to develop pouch-type batteries for hybrid electric vehicles (EVs).
SK Innovation said in a statement that it aims to supply batteries for Hyundai and Kia hybrid EVs that are expected to be launched starting 2024.
(Reporting by Joyce Lee; Editing by Himani Sarkar)