# 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.

- Type: New facility
- Announced: 2024-04-24
- Where: Navarra, Spain
- Value: $130.0M (120.0M EUR)
- Starts operating: 2026
- Status: under construction
- Capacity: 360,000 battery systems per year
- Products: battery systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hyundai Mobis](https://endata.com/companies/10831.md)
- [Volkswagen](https://endata.com/companies/533.md) (customer)

## Sources

- [electrive.com](https://www.electrive.com/2024/04/24/hyundai-mobis-starts-building-battery-plant-for-vw-in-spain/), 2024-04-24: "Hyundai Mobis has started construction of a plant in Spain for the production of battery systems for the Volkswagen Group."

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