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Nov 27, 2023INVESTMENTSouth Korea

Nanoteam invests KRW 19B in thermal runaway pad production facility

Nanoteam is investing 19 billion KRW by 2024 in new facilities to produce thermal runaway prevention pads, to fulfill orders from Hyundai Motor and Kia.

Value

$14.6M (19.0B KRW)

Starts operating

2024

Status

Announced

Productsthermal runaway prevention pads

CompaniesNanoteam

Sectors#Automotive Components

“나노팀은 2024년까지 열폭주차단패드 생산 신규 시설에 190억 원의 대규모 투자도 진행 중이다.”etoday.co.kr

1 source
etoday.co.kr나노팀, 5000억대 전기차 방열소재 현대차ㆍ기아 독점 수주 후 국내외에 문의 급증 - 이투데이Nov 27, 2023

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

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Nanoteam invests KRW 19B in thermal runaway pad production facility · Endata