Hyundai Mobis is already building EV battery systems (BSA) in the Czech Republic. A new BSA plant is also being built in Spain to supply Volkswagen.
Hyundai Mobis to build new EV parts plant in Slovakia
The PE system integrates the electric motor, inverter, and reducer. Meanwhile, the BSA includes the battery management system, battery pack, and other components for safe, efficient operation. Both are key eV components.
The company announced a “large-scale order” from Volkswagen last year to power its next-gen EVs.
Hyundai Mobis next-gen in-vehicle display (Source: Hyundai Mobis)
Hyundai Mobis said the new EV parts plant in Slovakia is part of its plan to expand its global footprint.
Slovakia is home to leading automakers, including Kia, Volkswagen, Stellantis, and Jaguar Land Rover. The company said its new production base will be a “key bridgehead for conquering the European electrification market.”
Hyundai Mobis said it still expects Europe’s electric vehicle market to “grow steadily” despite several automakers adjusting their EV goals.
Hyundai Mobis rollable vehicle display (Source: Hyundai Mobis)
The company is also expanding its presence in North America with a local battery and PE systems production base, which will open later this year.
As the industry shifts to electric, Hyundai Mobis continues to lead the charge with new innovations in autonomous driving, advanced sensors, parking assist systems, next-gen displays, and infotainment connectivity.
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Publish date : 2024-10-16 12:01:00
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