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16 Nov
15:54

Hyundai, SK Innovation ink EV battery-as-a-service deal

South Korean auto producer Hyundai is partnering with SK Innovation to create an electric vehicle battery-as-a-service ecosystem, Kallanish understands.  In a company release, Hyundai says the proposed battery ecosystem will encompass battery sales, management services, reuse and recycling. Of particular interest is leasing or renting electric vehicle batteries and extracting potentially lucrative metals like lithium, nickel and cobalt from spent batteries.&…
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