CALB Secures 30 Gwh Battery Order from Hyundai

Published: Jun 17, 2025 09:34

Save

[CALB Secures a Major 30 Gwh Battery Order!]

According to a report by South Korean media outlet newsis on June 12, industry insiders revealed that Hyundai Motor Group and CALB, China's third-largest battery manufacturer, signed a battery supply contract for 30 Gwh last month, which is sufficient to produce 38,000 medium-sized electric SUV IONIQ 5s.

This collaboration marks a further step in Hyundai's diversification of its battery supply chain in China, as it includes CALB in its core supplier system for the first time, following CATL and BYD.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

6 mins ago

Anode Raw Material Coke Market Operated Steadily, Cost Support Stabilized [SMM Lithium Battery Anode Raw Material Market Weekly Review]

[SMM Lithium Battery Anode Raw Material Market Weekly Review: Anode Raw Material Coke Market Ran Steadily, Cost Support Stabilized] May 14: This week, China's needle coke and low-sulphur petroleum coke markets operated steadily overall, with futures prices holding stable.

6 mins ago

7 hours ago

South Korea separates EV and battery ownership

The Ministry of Land, Infrastructure and Transport announced on May 11 that the 8th Mobility Innovation Committee approved 16 agenda items, including demonstrations for an “EV battery subscription service” and “vehicle operation in Gwangju’s autonomous driving demonstration city.” South Korean consumers will be able to purchase only the vehicle body of an electric vehicle and lease the expensive battery separately. In addition, 200 autonomous vehicles to be deployed in Gwangju’s autonomous driving demonstration city will be eligible to apply for temporary operation permits without undergoing the self-certification process.

7 hours ago

KOTRA supports K-battery firms’ entry into Chinese market

According to the government on May 10, KOTRA will hold the Korea-China Secondary Battery Export Consultation and Online Business Meeting in Shenzhen, China, from May 13 to June 19. The event is linked to the China International Battery Fair (CIBF 2026), which will be held in Shenzhen.

7 hours ago