South Korea Announces ‘2030 Mobility Innovation Growth Roadmap’

Hyundai Motor Group is set to begin operations at battery plants in Georgia, jointly established with LG Energy Solution and SK On, with one facility starting this month and the other later this year. Once fully ramped up, the group will secure annual EV production capacity exceeding 600,000 units in the U.S. LG Energy Solution’s plant will have an annual capacity of 30 GWh, supplying cells for models such as the Ioniq 5 and Ioniq 9 produced at HMGMA. Meanwhile, SK On’s 35 GWh capacity will be converted into battery packs by Hyundai Mobis and fully supplied to Hyundai, Kia, and Genesis EVs manufactured in the U.S.

On April 20, SAIC-GM-Wuling announced that the Bingo Pro had received 10,000 firm orders within five days of pre-sale. The new car was launched in four configurations, with a pre-sale guidance price ranging from 58,800 to 72,800 yuan.