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Battery leasing key to EV adoption – analyst

Hyundai Motor has signed a MoU with South Korea’s Ministry of Trade, Industry and Energy as well as Hyundai Glovis, LG Energy Solution and KST Mobility to foster an EV ecosystem and sustainable battery reuse. An analyst speaking to just-auto says the move – which will includes a battery leasing element – will be closely watched by others in the auto industry, as well as governments interested in encouraging EV take-up.