Foreign media said that the chairman of Hyundai Automobile Group had met with the chairman of Ningde era at the beginning of this month to discuss battery supply.

November 17 news, according to foreign media reports, at the end of last month, foreign media reported that Ningde Times Chairman Zeng Yuqun will go to South Korea at the beginning of this month to meet with executives of Hyundai Motor Group.

According to the latest foreign media reports, Zheng Yixuan, chairman of Hyundai Motor Group, met with Zeng Yuqun, chairman of Ningde Times, at the beginning of this month.

Foreign media reported that in addition to chairman Zeng Yuqun, three senior executives of Ningde Times also attended the meeting, during which senior executives of the two companies discussed battery supply and used batteries produced by Ningde era in Hyundai's new energy vehicles.

In the report, foreign media mentioned that Hyundai Motor Group has begun to use Ningde-era batteries for its Kia Niro electric vehicles this year, and they plan to double the use of Ningde-era batteries next year.

In addition, foreign media also mentioned in the report that during the meeting between Zeng Yuqun and Zheng Yixuan, they also discussed the possibility of cooperation in the European market, which is expected to be an important market for Hyundai Motor Group to expand electric vehicles.