The Korea Herald

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[Photo News] Hyundai Motor, SNU teamp up for next-gen batteries

By Kim Byung-wook

Published : Nov. 3, 2021 - 17:49

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(Hyundai Motor Group) (Hyundai Motor Group)
Representatives of Hyundai Motor Group and Seoul National University pose for photographs after the two organizations signed an agreement to establish a joint battery research and development center at SNU’s campus in Gwanak-gu, southern Seoul, Wednesday. 

Hyundai Motor will invest more than 30 billion won ($25.4 million) over 10 years into the research center to develop next-generation batteries with significant improvements in driving range and charging time. From left are SNU President Oh Se-jung, professor Lee Byung-ho, Hyundai Motor Senior Vice President Lim Tae-won and Hyundai Motor Group Chairman Chung Euisun.