Hyundai Mobis to set up new EV modules factory in Korea

The new facility, planned to be completed in the second half of 2025, will manufacture essential modules for chassis and cockpit for Genesis EVs.

27 May 2024 | 2333 Views | By Autocar Professional Bureau

Hyundai Mobis has signed a memorandum of understanding with Ulsan Metropolitan City, Korea, to set up a new factory dedicated to electric vehicle modules.

The new facility, planned to be completed in the second half of 2025, will manufacture essential modules for chassis and cockpit for Genesis EVs. This ...

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