Hyundai Mobis Begins Electric Vehicle Powertrain Production in Slovakia
Hyundai Mobis has officially commenced manufacturing of electric vehicle powertrains at its new facility in Slovakia. The expansion marks a strategic step in the company’s efforts to scale up sustainable automotive components for the European market.
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Hyundai Mobis starts EV powertrain production in Slovakia
Hyundai Mobis has begun mass-producing electric powertrain systems at a new plant in Slovakia, its first such facility in Europe, as it strengthens its foothold in the region’s electric vehicle market. The company invested about 250 billion won ($184 million) in the Novaky plant, which can produce 280,000 power electric, or PE, systems annually. A PE system combines an electric motor, inverter and reducer into a single powertrain unit. Hyundai Mobis held an opening ceremony Wednesday attended by
By The Korea Herald
Read full article →Hyundai Mobis begins EV power system production in Slovakia
SEOUL, Sept. 3 (Yonhap) -- Hyundai Mobis Co. said Thursday it has begun producin...
By Kim Eun-jung
Read full article →Coverage Timeline
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