Hyundai Mobis building third core EV parts plant in Korea
Green Car Congress
AUGUST 31, 2020
Hyundai Mobis is building its third core parts plant for electric vehicles in Pyeongtaek, Gyeonggi-do, Korea, following plants in Chungju and Ulsan. From the second half of next year, the new plant is expected to mass-produce 150,000 EV-specific module parts per year. Hyundai Mobis’ investment in the Pyeongtaek plant is in line with the company’s strategy of leading the electric vehicle core parts market.