{
  "id": 5212156,
  "title": "Hyundai Mobis begins EV power system production in Slovakia",
  "url": "https://urgent.news/2026/09/03/hyundai-mobis-begins-ev-power-system-production-in-slovakia",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-03T01:07:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20260903/hyundai-mobis-begins-ev-power-system-production-in-slovakia"
  },
  "original_language": "en",
  "account": "Hyundai Mobis announced on Thursday that it has commenced the production of electric vehicle (EV) power systems at a new plant in Slovakia, bolstering its EV components manufacturing network in Europe. Representatives from Hyundai Mobis, including CEO Lee Gyu-suk, and Slovak Prime Minister Robert Fico, among other officials, attended the inauguration ceremony for the plant in Novaky, located in the Trencin Region.\n\nA power electric (PE) system is a critical component of EVs, serving as the central unit that combines an electric motor, inverter, and reduction gear. This system converts electrical energy from the vehicle's battery into the power required to drive the vehicle. The newly established plant boasts a sprawling 106,000-square-meter site, equivalent to approximately 15 soccer fields, with a floor area of 8,500 square meters dedicated to production. The plant is expected to manufacture 280,000 PE systems annually.\n\nThis Slovak facility marks Hyundai Mobis' first power electric system production base in Europe, further expanding the company's EV parts manufacturing network across the Czech Republic and Spain.",
  "summary": "Hyundai Mobis said Thursday it has begun producing power electric (PE) systems at a new plant in Slovakia, strengthening its electric vehicle (EV) parts production network in Europe. The parts affiliate of Hyundai Motor Group held an opening ceremony for the plant in Novaky, Trencin Region, attended by Hyundai Mobis CEO Lee Gyu-suk and Slovak Prime Minister Robert Fico, among other officials. A…",
  "key_points": [
    "Hyundai Mobis starts EV power system production in Slovakia.",
    "Plant in Novaky, Trencin Region, covers 106,000 sqm.",
    "Facility to manufacture 280,000 PE systems annually."
  ],
  "editors_take": "Hyundai Mobis's new Slovak plant strengthens its European EV components manufacturing network, marking its first power electric system production base outside the Czech Republic and Spain.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Hyundai Mobis begins EV power system production in Slovakia",
        "url": "https://urgent.news/2026/09/03/hyundai-mobis-begins-ev-power-system-production-in-slovakia-5212363",
        "published": "2026-09-03T00:44:14.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}