Capec Valeo to invest 160 billion KRW in EV battery production line in Yeongcheon

Capec Valeo Co., Ltd. signed an MOU to invest 160 billion KRW and create 100 jobs to establish an electric vehicle battery system production line in Yeongcheon High-Tech Park District, South Korea, from 2025 to 2030.

“Capec Valeo Co., Ltd. is pursuing a domestic reshoring initiative, and with this investment, the company plans to establish an electric vehicle battery system (BSA) production line.”asiae.co.kr

• 1 source
• asiae.co.krGlobal Automotive Company Capec Valeo to Invest 160 Billion KRW in Electric Vehicle Battery Production Line in Yeongcheon - The Asia Business DailyGu DaeseonJul 7, 2025

Summarized from public sources; check the original articles before acting on it.