POSCO International to supply EV motor cores to Hyundai Motor Group

POSCO International signed a contract to supply 3.5 million traction motor cores for EVs to Hyundai Motor Group, worth about 900 billion won ($677.6 million). Deliveries will go to Hyundai's new Metaplant America in Georgia from 2026-34 and to domestic production.

“This order is significant in that we will directly supply traction motor cores, a key component of a traction motor, to the new overseas plant of Hyundai Motor Group.”kedglobal.com

• 1 source
• kedglobal.comPOSCO Int'l to supply EV motor cores to Hyundai Motor Group - KED GlobalJae-Fu KimSep 15, 2023

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