An industry source indicates that the Hyundai Motor Group will develop its own in-house battery technology in order to reduce reliance on Chinese sources. These lithium iron phosphate (LFP) batteries are to end up in entry-level and mid-range Hyundai and Kia vehicles, like the Hyundai Ioniq 5, Kia Niro EV, and the upcoming Kia EV2, as soon as 2025.