Hyundai Motor, LG Energy Agree to Cost-sharing for EV Battery Replacement
SEOUL, March 4 (Korea Bizwire) — Hyundai Motor Co. said Thursday it has agreed with LG Energy Solutions Ltd. on their cost sharing ratio for the replacement of LG-made batteries in three Hyundai EV models. Hyundai Motor will take up 30 percent of the replacement costs, with LG Energy making up for 70 percent, a [...]