The EV & Battery Challenge is a private competition, launched in June 2020, to find startups working on battery and electric vehicle technology, funded by Kia, Hyundai, and LG Chem. The startups will have the opportunity to receive investment from and collaborate with the three companies. The organizers are looking for startups working on various aspects of batteries, such as battery construction and management, as well as electric vehicles more generally, including charging, business models, and components.