LS Cable & System to supply magnet wire for Hyundai and Kia EVs

LS Cable & System will be the sole supplier of magnet wire for drive motors of Hyundai IONIQ 5 and Kia EV6 electric vehicles. The contract is expected to generate over KRW 200 billion in sales over six years.

“We are certain that the wires and parts business, which serves as the blood vessels of the heart, will also grow rapidly, so we are fostering them as new growth engines.”wirenet.org

• 1 source
• wirenet.orgLS Cable EV Magnet Wire Supply DealWJI staff, wire servicesMar 31, 2021

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