# 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.

- Type: Contract
- Announced: 2023-09-14
- Where: North America (HMGMA) and South Korea, United States
- Status: announced
- Capacity: 3.53 million drive motor cores
- Products: drive motor cores for electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hyundai Motor Company](https://endata.com/companies/6382.md) (customer)
- [POSCO International](https://endata.com/companies/44533.md) (supplier)
- [Posco Mobility Solution](https://endata.com/companies/66690.md) (partner)

## Sources

- [stock.mk.co.kr](https://stock.mk.co.kr/news/view/231115), 2023-09-14: "포스코인터내셔널은 14일 현대차그룹에 구동모터코어 353만대를 공급하는 계약을 체결했다고 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.