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TS Automotive signed an MOU with Gyeongbuk Province and Gyeongju City to invest KRW 35.2 billion to expand its auto body parts plant in Naengcheon-ri, Oedong-eup, Gyeongju, creating 15 new jobs. The expansion will produce body parts for Hyundai's electric vehicles, including Kona and Genesis EV, from 2026 to 2028.
TS Automotive signed an MOU with Gyeongju City to invest 35.2 billion won in a new production line for electric vehicle body parts in Oedong-eup, Gyeongju. The facility will produce parts for Hyundai Kona and Genesis EV models, with completion by September 2028.
| Site | Largest | Latest |
|---|---|---|
| Naengcheon-ri, South Korea | $26.0M | 2026-01-29 |