# DN Automotive to invest 62.1 billion won in Ulsan AGM battery plant expansion

DN Automotive will invest 62.1 billion won to expand its high-performance AGM battery plant in Onsan-eup, Ulju-gun, Ulsan. The expansion will be completed by November 2025, adding capacity of 1.5 million batteries per year, all for export.

- Type: Expansion
- Announced: 2024-10-28
- Where: Onsan-eup, Ulju-gun, Ulsan, South Korea
- Value: $45.0M (62.1B KRW)
- Starts operating: Nov 2025
- Status: announced
- Capacity: 1.5 million batteries per year
- Products: high-performance AGM batteries
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [DN Automotive](https://endata.com/companies/63087.md)

## Sources

- [mk.co.kr](https://www.mk.co.kr/en/society/11152195), 2024-10-28: "DN Automotive will complete the expansion of its factory in November 2025 and produce 1.5 million batteries annually and export all of them."

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