Hyundai Motor Group Joins LG Energy Solution In EV Battery Storage Pilot

According to The Korea Herald, Hyundai Motor Group has joined LG Energy Solution, Hyundai Engineering and Wonik PNE in a pilot project that repurposes retired electric vehicle batteries to supply power to fast-charging stations. The five participating companies — Hyundai Motor, Kia, LG Energy Solution, Hyundai Engineering and Wonik PNE — launched the test on Thursday at Wonik PNE’s facility in Hwaseong, Gyeonggi Province. Hyundai Motor Group said it is Korea’s first project directly linking used batteries from Hyundai vehicles to charging infrastructure.