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Hyundai Mobis starts construction of battery plant for VW in Spain · Endata

◂ Announcements

Apr 24, 2024NEW FACILITYNavarra, Spain

Hyundai Mobis starts construction of battery plant for VW in Spain

Hyundai Mobis has started construction of a battery system plant in Navarra, Spain, to supply the Volkswagen Group. The plant is scheduled to start mass production in 2026, with an investment of around EUR 120 million and an annual capacity of up to 360,000 battery systems.

Value

$130.0M (120.0M EUR)

Starts operating

2026

Status

Under construction

Capacity

360,000 battery systems per year

Productsbattery systems

CompaniesHyundai Mobis Volkswagen customer

Sectors#Automotive Components

“Hyundai Mobis has started construction of a plant in Spain for the production of battery systems for the Volkswagen Group.”electrive.com

1 source
electrive.comHyundai Mobis starts building battery plant for VW in Spain - electrive.comChris RandallApr 24, 2024

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

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