# 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.

- Type: New facility
- Announced: 2025-07-07
- Where: Yeongcheon, Gyeongsangbuk-do, South Korea
- Value: $120.0M (160.0B KRW)
- Jobs: 100
- Starts operating: 2025
- Status: announced
- Products: electric vehicle battery systems (BSA)
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Capec Valeo Co., Ltd.](https://endata.com/companies/85811.md)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2025070715280689853), 2025-07-07: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.