# TS Automotive to build EV parts factory in Gyeongju, South Korea

TS Automotive signed an MOU with Gyeongju City to invest 35.2 billion won in a new production line for electric vehicle body parts in Oedong-eup, Gyeongju. The facility will produce parts for Hyundai Kona and Genesis EV models, with completion by September 2028.

- Type: New facility
- Announced: 2026-01-29
- Where: Naengcheon-ri, Oedong-eup, Gyeongju City, South Korea
- Value: $26.0M (35.2B KRW)
- Starts operating: Sep 2028
- Status: announced
- Products: automotive body parts for electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [TS Automotive](https://endata.com/companies/89955.md)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2026012913560363831), 2026-01-29: "TS Automotive plans to invest 35.2 billion won to purchase a 14,468-square-meter site for manufacturing facilities in Naengcheon-ri, Oedong-eup, Gyeongju City, and build a new production line with a total floor area of 10,960 square meters by September 2028."

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