# Vitesco opens new production area for EMR4 drive in Icheon, South Korea

Vitesco Technologies opened a 2,800 sqm production area at its electronics factory in Icheon, South Korea, for its EMR4 electric axle drive, with an investment of over €80 million. Full-scale series production with annual capacity over 200,000 units is scheduled to ramp up in 2024.

- Type: Expansion
- Announced: 2023-11-16
- Where: Icheon, South Korea, South Korea
- Value: $87.0M (80.0M EUR)
- Starts operating: 2024
- Status: under construction
- Capacity: over 200,000 EMR4 units per year
- Products: EMR4 electric axle drive, stators, rotors, inverters
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Vitesco Technologies](https://endata.com/companies/7771.md)
- [Hyundai Motor Company](https://endata.com/companies/6382.md) (customer)

## Sources

- [electrive.com](https://www.electrive.com/2023/11/16/vitesco-produces-series-components-for-the-emr4-drive/), 2023-11-16: "We are proud to be an active part of Korea’s transition to electromobility."
- [everythingpe.com](https://www.everythingpe.com/news/details/4109-vitesco-technologies-opens-e-axle-manufacturing-facility-in-south-korea), 2023-11-27: "We are proud to be an active part of Korea's transition to electromobility."

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