South Korea's Hyundai Motor Co and LG Energy Solution Ltd (LGES) are considering building two joint venture battery plants in the United States, a local online news outlet reported on Monday. LGES declined to comment. Hyundai Motor was not immediately available for comment when contacted by Reuters.
SemiDrive currently has four series of products with an annual output of one million chips.
NIO's strategy of building to order and meeting different customer needs by offering individualized model options is facing more challenges in the current environment.
