KIMTF - Electrifying Move: Hyundai JV Invests ~$400M For 5% Stake In Korea Zinc Bolstering EV Battery Raw Material Supply | Benzinga
Hyundai Motor Co., Ltd. (OTC: HYMTF) (OTC: HYMLF) inked a memorandum of understanding with Korea Zinc, aiming for a comprehensive collaboration across the nickel value chain in making electric car batteries.
As part of the collaboration, HMG Global, an overseas joint venture established collaboratively by Hyundai Motor, Kia Motors Corp. (OTC: