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POSCO International wins $3.5B motor core supply deal with Hyundai Motor Group · Endata

◂ Announcements

Sep 14, 2023CONTRACTNorth America (HMGMA) and South Korea, United States

POSCO International wins $3.5B motor core supply deal with Hyundai Motor Group

POSCO International signed a contract to supply 3.53 million drive motor cores to Hyundai Motor Group from 2026 to 2036, including 2.72 million units for the Hyundai Motor Group Metaplant America (HMGMA) and 810,000 units for domestic Korean production.

Status

Announced

Capacity

3.53 million drive motor cores

Productsdrive motor cores for electric vehicles

CompaniesHyundai Motor Company customer POSCO International supplier Posco Mobility Solution partner

Sectors#Automotive Components

“포스코인터내셔널은 14일 현대차그룹에 구동모터코어 353만대를 공급하는 계약을 체결했다고 밝혔다.”stock.mk.co.kr

1 source
stock.mk.co.kr포스코인터, 현대차그룹에 전기차 구동모터코어 353만대 공급Sep 14, 2023

Summarized from public sources; check the original articles before acting on it.

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