# Hyundai Mobis to build third EV core parts plant in Pyeongtaek, Korea

Hyundai Mobis is building its third electric vehicle core parts plant in Pyeongtaek, Gyeonggi-do, Korea, investing 35.5 billion won (US$30 million). Construction starts in September 2020, with mass production of 150,000 EV module parts per year expected from the second half of 2021.

- Type: New facility
- Announced: 2020-08-31
- Where: Pyeongtaek, Gyeonggi-do, South Korea
- Value: $30.0M (35.5B KRW)
- Starts operating: Q3 2021
- Status: announced
- Capacity: 150,000 EV-specific module parts per year
- Products: PE modules, chassis modules, motors, inverters, reducers
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hyundai Mobis](https://endata.com/companies/10831.md)

## Sources

- [batteryindustry.net](https://batteryindustry.net/hyundai-mobis-building-third-core-ev-parts-plant-in-korea/), 2020-08-31: "Hyundai Mobis is investing 35.5 billion won (US$30 million) to start construction in September."

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