Hyundai Mobis begins EV power system production in Slovakia
SEOUL, Sept. 3 (Yonhap) -- Hyundai Mobis Co. said Thursday it has begun producin...
Hyundai Mobis, a subsidiary of Hyundai Motor Group, commenced power electric (PE) system production at a new facility in Slovakia on September 3, according to Yonhap news agency. The opening ceremony, attended by Hyundai Mobis CEO Lee Gyu-suk and Slovak Prime Minister Robert Fico, marked the company's first PE system production base in Europe. The plant, situated on a 106,000-square-meter site, spans 8,500 square meters in floor area and boasts an annual production capacity of 280,000 PE systems.
A PE system is a crucial component of electric vehicles, integrating an electric motor, inverter, and reduction gear to transform electrical energy stored in the battery into power to drive the vehicle. This development bolsters Hyundai Mobis' EV parts production network in Europe, expanding its manufacturing footprint in the Czech Republic and Spain.
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Also reported by 1 other outlet
- Hyundai Mobis begins EV power system production in Slovakia koreatimes.co.kr
