# Neo Auto completes fourth plant in Yesan, South Korea for electrification parts

Neo Auto held a completion ceremony for its fourth plant in Yesan Industrial Complex, South Korea, on 2 June 2026. The 7,452 m² facility on a 16,505 m² site is dedicated to electrification components for hybrid and electric vehicles, with an annual production capacity of up to 94 billion won.

- Type: Expansion
- Announced: 2026-06-04
- Where: Yesan, Chungcheongnam-do, South Korea, South Korea
- Starts operating: 2 Jun 2026
- Status: completed
- Capacity: 94 billion won per year
- Products: reducers, transmission parts for electric and hybrid vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Neo Auto](https://endata.com/companies/84022.md)

## Sources

- [marketin.edaily.co.kr](https://marketin.edaily.co.kr/News/ReadE?newsId=02837206645478440), 2026-06-04: "네오오토는 지난 2일 충남 예산일반산업단지에서 주요 관계자와 임직원들이 참석한 가운데 제4공장 준공식을 개최했다고 4일 밝혔다."

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