Hyundai explores battery leasing to lower EV prices, coordinate reuse

Hyundai Prophecy conceptHyundai is looking into battery leasing as a way to lower electric-car prices and ensure environmentally-conscious reuse of battery packs. The automaker on Thursday announced a memorandum of understanding with the South Korean government and partner companies to create an "ecosystem" around EV batteries, according to a press release. One of the...