LS C&S and HAI to form JV for EV aluminum components

LS Cable & System and Austria's Hammerer Aluminium Industries signed an agreement to invest 67.5 billion won ($53 million) in a joint venture to produce battery cases and other EV aluminum components, with production starting in 2025.

“LS Cable & System (LS C&S) and Austria's Hammerer Aluminium Industries (HAI) signed an agreement to invest a combined 67.5 billion won ($53 million) in their establishment of a joint venture that will start the production of battery cases and other electric vehicle (EV) components made with light-we”koreatimes.co.kr

• 2 sources
• koreatimes.co.krLS C&S joins hands with HAI to produce aluminum components for EVs - The Korea TimesPark Jae-hyukFeb 10, 2023
• hai-aluminium.comHAI and the Korean company LS C&S establish joint venture - Hammerer Aluminium IndustriesManuelDenkFeb 16, 2023

Summarized from public sources; check the original articles before acting on it.