Lifepo4 power station factory in Slovakia
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Oct 17, 2024 · The site is about the size of 14 soccer fields (105,700 sq. ft.) in total. It will include Hyundai''s first power electric (PE) systems production plant in Europe. Hyundai''s supplier said
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The second highest investment in the history of country is
It is worth EUR 1.2 billion and it focuses on battery production. Slovakia secured another significant investment on electromobility. A joint undertaking of the Chinese Group Gotion and
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Hyundai supplier to build first EV power
Oct 17, 2024 · The site is about the size of 14 soccer fields (105,700 sq. ft.) in total. It will include Hyundai''s first power electric (PE) systems production

6 FAQs about Solar Lifepo4 power station factory in Slovakia
Is Hyundai Building new EV plants in Slovakia?
Hyundai Motor Group’s supplier, Hyundai Mobis, is investing around $256 million (350 billion won) in building new plants in Slovakia for EV parts. The base will include Hyundai’s first EV power systems production plant in the region, a “key bridgehead for conquering the European electrification market.”
How much money does Slovakia invest in electromobility?
It is worth EUR 1.2 billion and it focuses on battery production. Slovakia secured another significant investment on electromobility. A joint undertaking of the Chinese Group Gotion and the Slovak Company InoBat plans to construct a battery production plant for electric vehicles in the Lower Nitra Region.
Who makes EV parts in Slovakia?
Both are key eV components. The company announced a “large-scale order” from Volkswagen last year to power its next-gen EVs. 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.
Where will a battery plant be built in the lower Nitra Region?
A joint undertaking of the Chinese Group Gotion and the Slovak Company InoBat plans to construct a battery production plant for electric vehicles in the Lower Nitra Region. The planned investment linked to the plant to be located in the town of Šurany amounts in total to an investment of EUR 1.2 billion.
Does Hyundai Mobis have a factory in Slovakia?
Hyundai Mobis’s partnership with the Slovak government goes back over two decades, with the establishment of its first subsidiary in 2004 and the construction of a module plant in the country’s northwestern city of Zilina. Several global carmakers such as Kia have facilities in Slovakia.
Which carmakers are based in Slovakia?
Several global carmakers such as Kia have facilities in Slovakia. Swedish automaker Volvo Cars plans to open an electric car plant in Slovakia in two years. About 2,000 employees will leave the company due to attrition, bringing the total number of voluntary departures to 5,000, the chipmaker’s CEO Jean-Marc Chery said.
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