The company also intends to expand its manufacturing capacity in India.

With plans to launch locally manufactured EVs by 2025, the conglomerate aims to establish a strong foothold in a sector currently dominated by Tata Motors.

This collaboration builds upon the Group’s longstanding presence in Georgia, including the Kia Georgia’s West Point assembly plant.

The partnership aims to establish a comprehensive cooperation across the nickel value chain, a critical component in the production of electric vehicle (EV) batteries.