Ganfeng Lithium and Hyundai Motor sign a four-year supply agreement

On January 18, Ganfeng Lithium and Hyundai Motor signed a four-year "Long-term Supply Agreement", which stipulates that Ganfeng Lithium and its subsidiaries will supply battery-grade lithium hydroxide products to Hyundai Motor. Hyundai Motor is accelerating its electrification transformation and plans to build a new electric vehicle factory in 2025 and become one of the world's top three electric vehicle manufacturers in 2030. As a leading company in the lithium salt industry, Ganfeng Lithium has established long-term cooperative relations with many international leading companies such as Volkswagen, BMW, and Tesla.