Hyundai Mobis opens new EV parts plant in Slovakia
Hyundai Mobis has opened a new plant in Slovakia to produce power electric systems for electric vehicles (EVs), strengthening its production network in Europe amid the region’s growing electrification demand, the auto parts maker said Thursday. The facility, located in Novaky in western Slovakia, is the Korean auto parts maker’s first PE system plant in Europe and its third electrification…
Hyundai Mobis has inaugurated a new facility in Slovakia to manufacture power electric systems (PE systems) for electric vehicles (EVs), bolstering its European production network as the region escalates its electrification efforts, the company announced on Thursday. Situated in Novaky, a western Slovak region, this marks Hyundai Mobis' inaugural PE system plant in Europe and its third production hub dedicated to electrification on the continent. The company already runs battery system assembly plants in the Czech Republic and Spain.
The new plant boasts an annual production capability of up to 280,000 PE systems. PE systems are integral components of electric powertrains, encompassing an electric motor, an inverter, and a reduction gear. Hyundai Mobis has allocated roughly 250 billion won ($184 million) to construct the facility, which spans a 106,000 square meter site. The plant comprises production lines for stators, a pivotal element within electric motors, alongside inverters and additional electric powertrain components.
According to Hyundai Mobis, the plant will function as a regional production center, supplying PE systems to Hyundai and other European manufacturers.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Hyundai Mobis opens new EV parts plant in Slovakia koreatimes.co.kr