Hyundai Motor Company and the Kia Corporation plan to produce electric vehicle (EV) batteries in India. The South Korean automakers recently signed a Memorandum of Understanding (MOU) with Exide Energy Solutions Ltd. to collaborate strategically in India’s EV market.  Hyundai Motor is Kia’s parent company. The company has EV expansion plans for India, starting with … Continue reading Hyundai & Kia to locally produce batteries in India