Seoul, Aug 22
Hyundai Motor and Kia have partnered with South Korea's leading battery producers -- LG Energy Solution Ltd., Samsung SDI Co. and SK On Co. -- to advance electric vehicle (EV) safety technologies, the companies said on Friday.
At Hyundai and Kia's Namyang research and development (R&D) centre in Hwaseong, south of Seoul, the companies unveiled the results of a yearlong collaboration with the battery makers on EV battery safety and signed a memorandum of understanding (MOU) to expand their cooperation going forward, reports news agency.
The ceremony was attended by Hyundai-Kia R&D chief Yang Hee-won, LG Energy Solution chief executive officer (CEO) Kim Dong-myung, Samsung SDI CEO Choi Joo-seon and SK On CEO Lee Seok-hee, as well as officials from the transport and industry ministries.
The joint efforts began last August when Hyundai-Kia proposed setting up a task force on battery safety in the wake of a then public EV battery safety scare prompted by a massive fire incident.