HMG and LGES sign memorandum of understanding to produce BEV batteries in the U.S.
Signers of BEV memorandum – Photo Source/Copyright: Kia Media In case there was any lingering skepticism, the 2020 semiconductor chip scarcity continues to have an impact on cars worldwide. It initially resulted in collecting funding and forging agreements to obtain their own private stock of chips, which then prompted manufacturers to build facilities for the