Parts Suppliers South Korean Hyundai Mobis (Hyundai Mobis Co.) announced today that South Korea’s Hyundai Mobis will LG Chemical Company (LG Chem Co Ltd) was established vehicle battery joint venture. latitude d810 battery , Hyundai Mobis said in a statement, a joint venture was named HL Green Power Co., an investment of 29 billion won (approximately 25.1 million U.S.), Hyundai Mobis, and LG Chemical, representing respectively 51% and 49%. The new factory is located in Seoul, near the Uiwang area will be in production later this year, the estimated annual capacity of 200,000 sets of batteries. Hyundai Mobis also said that Hyundai Mobis, and LG Chemical in 2014 for the joint venture will be an additional 460 billion won (about 39.6 million U.S. dollars) in investment in plant capacity to enlarge twice, that is, 400,000 sets of battery pack.btp-63d1