IKEA Launches First New Zealand Store, Marking Expansion Into Its 64th Global Market 
Netflix’s Bid for Warner Bros Discovery Aims to Cut Streaming Costs and Reshape the Industry 
USPS Expands Electric Vehicle Fleet as Nationwide Transition Accelerates 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
Anthropic Reportedly Taps Wilson Sonsini as It Prepares for a Potential 2026 IPO 
ExxonMobil to Shut Older Singapore Steam Cracker Amid Global Petrochemical Downturn 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
Airbus Faces Pressure After November Deliveries Dip Amid Industrial Setback 
UPS MD-11 Crash Prompts Families to Prepare Wrongful Death Lawsuit 
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature 
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves 
Hikvision Challenges FCC Rule Tightening Restrictions on Chinese Telecom Equipment 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
Magnum Audit Flags Governance Issues at Ben & Jerry’s Foundation Ahead of Spin-Off 
Visa to Move European Headquarters to London’s Canary Wharf 
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation 
Tesla Expands Affordable Model 3 Lineup in Europe to Boost EV Demand 
Hyundai Motor has included Samsung SDI among the final candidates that would supply batteries for its electric vehicles set for release in 2023.
The largest South Korean carmaker is looking for a supplier for the third batch of batteries for its E-GMP platform -based EVs.
Designed by Hyundai Motor, the E-GMP platform is for EVs that load batteries under tits floor instead of the engine bay.
The selected partners will supply batteries worth 25 trillion won to Hyundai Motor’s electric SUV Ioniq 7.
The deal could become the first EV battery supply contract between Hyundai Motor and Samsung SDI.
The first batch of batteries worth 10 trillion won to be loaded this year on Hyundai’s E-GMP-based EVs will come from SK Innovation. The second batch worth 16 trillion won will be supplied exclusively by LG Energy Solution and China’s CATL.
