Hyundai, SK On seek $1,5 billion loan for Georgia battery plant
Hyundai, SK On seek $1,5 billion loan for Georgia battery plant Hyundai Motor and SK On will pursue a $1.5 billion loan for their joint venture in Georgia, guaranteed by the Korean government, on the eve of U.S. President Donald Trump’s rollout of reciprocal tariffs.

You are not logged in
If you want to read more, join the ENERGY-HUB club
LoginTry the monthly membership in the ENERGY-HUB club for free!
Related articles
BYD launches new C&I highly-integrated battery storage solution
The Chinese manufacturer has unveiled its latest generation commercial and industrial (C&I) energy storage system, Chess Plus. The…
Volvo launches battery energy storage system with integrated EV charger
The Swedish manufacturer has launched an integrated all-in-one system which features a 450-540 kWh battery energy storage componen…
China’s battery storage capacity doubles in 2024
Installed capacity exceeds 62 GW in China as the market shifts toward large, centralized systems with power outputs greater than 1…
Australian Labor Party pledges to introduce AU$2.3 billion home battery subsidy if re-elected
Anthony Albanese, Australia’s current Prime Minister and leader of the Australian Labor Party, has pledged to introduce an AU$2.3…
Gotion halts Mecosta County EV battery plant work while lawsuit heads to federal appeals court
An electric vehicle battery manufacturer is pausing its project near Big Rapids while its lawsuit plays out.
ENERGY-HUB is a modern independent platformsharing news and analytic articles from the energy sector on a daily basis. Within our portfolio we monitor czech, slovak and foreign press releases.