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 inaugurated a new manufacturing facility in Slovakia on Thursday, aimed at producing electric vehicle (EV) power electronic systems. This marks the start of the Korean auto parts company's European production network expansion, driven by the increasing demand for electric vehicles in the region.
The plant, situated in Novaky, western Slovakia, is Hyundai Mobis' inaugural power electronic system (PE system) manufacturing site in Europe and its third automotive production site on the continent. Prior to this, the company operated battery system assembly plants in the Czech Republic and Spain.
The newly established plant boasts an annual production capacity of up to 280,000 PE systems. Hyundai Mobis has invested approximately 250 billion won ($184 million) in this facility, which spans an area of about 106,000 square meters. The plant features production lines for stators, a crucial component of electric motors, as well as inverters and other electric powertrain components.
According to Hyundai Mobis, the new facility will serve as a regional production hub, supplying electric powertrain systems to Hyundai and other vehicle manufacturers in Europe. This strategic move underscores Hyundai Mobis' commitment to meet the growing demand for electric vehicles in Europe.
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- Hyundai Mobis opens new EV parts plant in Slovakia koreatimes.co.kr
