Hyundai Mobis Accelerates Electrification with Launch of New Plant in Slovakia

Annual Production Capacity of 280,000 PE Systems
First PE System Manufacturing Hub in Europe

Hyundai Mobis has commenced full-scale mass production of its PE (Power Electric) system, known as the "heart of electric vehicles," in Europe, signaling an expansion of its influence in the European electrification market.

On September 2 (local time), Hyundai Mobis announced that it held a ceremony to mark the opening of its new PE System plant in Novaky, Slovakia. Located in Novaky, Trenčín region, Slovakia, the new facility is Hyundai Mobis's first PE system factory established in Europe. It is also the third electrification production base for the company in Europe, following its battery system assembly (BSA) plants in the Czech Republic and Spain.

On the 2nd (local time), Lee Kyuseok (second from left), President of Hyundai Mobis, and Roberto Pizo, Prime Minister of Slovakia, are cutting the ribbon at the opening ceremony of the new Hyundai Mobis Novaky plant. Official Facebook of the Government of the Slovak Republic

The ceremony, presided over by Hyundai Mobis President Kyuseok Lee, was attended by key Slovak government officials, including Slovak President Peter Pellegrini, Prime Minister Roberto Fico, Minister of Economy Denisa Sakova, and Trenčín Governor Jaroslav Baška. Also present were EU Commission representatives, customers, major business partners, and local media—a total of about 100 people.

The PE system is an electrified drivetrain unit integrating an electric motor, inverter (current converter), and reducer. Following mass production of battery systems (BSA) in the Czech Republic and Spain, Hyundai Mobis is now supplying PE systems from Slovakia, thereby securing a platform to strengthen its strategic partnerships with global automakers in the transition to future mobility.

Novaky PE System New Factory in Slovakia. Hyundai Mobis

The new plant is built on a plot of approximately 106,000 square meters—the size of about 15 soccer fields—with a total floor area of 8,500 square meters. Including production lines for stators (the core component of electric motors) and inverters, the facility is capable of manufacturing 280,000 PE systems annually. Hyundai Mobis is investing approximately KRW 250 billion to advance production capacity and prepare to respond promptly to customer needs.

During the ceremony, President Kyuseok Lee stated, "We will firmly establish the Novaky PE system plant as a core electrification hub in Europe through further investments and efforts to achieve Hyundai Mobis's future vision. Going forward, global strategic models equipped with Hyundai Mobis PE systems will lead the European electrification market."

The new Novaky plant is expected to serve as an integrated hub supplying key electrification components not only to Hyundai Motor and Kia but also to global clients. Hyundai Mobis has independently secured core technology and mass production capabilities for electric vehicle components such as BSA and PE systems. Based on this, the company operates electrification production bases in major strategic locations across continents—including Ulsan, Daegu, Chungju, and Pyeongtaek in Korea, as well as the United States, the Czech Republic, Spain, and Indonesia.

Hyundai Mobis Global Electrification Hub Status. Hyundai Mobis

Hyundai Mobis is particularly focused on securing strategic hubs and footholds within Europe, the world's second-largest EV market after China, recognizing its significant growth potential. The establishment of a new electrification plant in Slovakia—home to global automakers such as Kia, Volkswagen, Stellantis, and Volvo—strengthens Hyundai Mobis's competitiveness in electrification tenders and its influence in the market for global customers.

Through events such as CEO Investor Day, Hyundai Mobis has consistently announced its goal of raising the proportion of global client sales to 40% by 2033, and continues to pursue strategic initiatives grounded in its core technological competitiveness.

This content was produced with the assistance of AI translation services.