Alabama, Georgia cited as possible locations for new W2.5tr battery plant; Separate deal with LG Energy Solution 'imminent' Kim Heung-soo (left), Hyundai Motor Group's executive vice president, and Choi Kyung-chang, leader of SK On's management team, hold their partnership signing in Seoul on Tuesday. (Hyundai Motor Group)Hyundai Motor Group and SK On have teamed up to beef up production of electric vehicle batteries in the US, a fast-growing market that offers hefty incentives to only locally produced electric vehicles and batteries.

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