Hyundai Mobis has inaugurated its first European electric vehicle powertrain manufacturing facility in Nováky, Slovakia, marking a significant expansion of its production capabilities for EV components on the continent. The plant is set to play a key role in supporting the growing demand for electric vehicles by producing critical powertrain systems locally. This move aligns with the company’s broader strategy to strengthen its presence in Europe’s burgeoning EV market. The facility’s launch underscores the automotive industry’s shift toward electrification and regionalized supply chains.
Hyundai Mobis opens its first European EV powertrain plant in Nováky, Slovakia Charged EVs
