Hyundai Mobis has started mass production of Power Electric (PE) systems for electric vehicles at its new plant in Nováky, Slovakia. The 8,500-square-meter facility has an annual production capacity of 280,000 PE systems and represents Hyundai Mobis’ first PE system plant in Europe and its third electrification production base in the region.
Key Overview
- PE system production: Hyundai Mobis has started full-scale production in Europe.
- Location: The new plant is in Nováky, Slovakia.
- Capacity: The facility can produce 280,000 PE systems annually.
- Investment: Hyundai Mobis invested approximately KRW 250 billion.
- Production: The plant makes stators, inverters and other electric motor components.
- European footprint: It is the company’s first European PE plant and third electrification base.
- Supply: The facility will supply Hyundai Motor, Kia and global customers.
- 2033 target: Hyundai Mobis aims for 40% of revenue from global customers.
Hyundai Mobis Begins European PE System Production
Hyundai Mobis has started full-scale mass production of Power Electric (PE) systems for electric vehicles at its new plant in Nováky, Slovakia, strengthening its position in Europe’s electrification market.
The Korean auto parts manufacturer said the facility will produce critical electric vehicle components including stators, inverters and other core electric motor components.
The plant has an annual production capacity of 280,000 PE systems, enough to support 280,000 electric vehicles.
A PE system is an integrated electric powertrain unit comprising an electric motor, an inverter that converts electrical current, and a reduction gear. The system is a core component that determines the power performance of an electric vehicle.
Following Hyundai Mobis’ battery system assembly facilities in the Czech Republic and Spain, the new Slovak plant adds PE system production to the company’s European electrification network.
Slovakia Plant Becomes Third European Electrification Base
Hyundai Mobis held a Grand Opening ceremony for the new PE system plant in Nováky, Slovakia.
Hosted by Hyundai Mobis President and CEO Lee Gyu Suk, the event brought together approximately 100 attendees, including Slovak government officials, representatives from the European Commission, customers, major suppliers and local media.
The new facility is Hyundai Mobis’ first PE system plant in Europe and its third electrification production base in the region, following its BSA production facilities in the Czech Republic and Spain.
The company has established electrification production bases at strategic locations across major regions worldwide, including Ulsan, Daegu, Chungju, and Pyeongtaek in Korea, as well as the United States, the Czech Republic, Spain, and Indonesia.
Plant Has 280,000 PE System Capacity
The new plant occupies a site of approximately 106,000 square meters, equivalent to roughly 15 football fields, and has a total floor area of 8,500 square meters.
With production lines for stators, a core component of electric motors, as well as inverters and other components, the facility has an annual production capacity of up to 280,000 PE systems.
Hyundai Mobis invested approximately KRW 250 billion to construct the plant and enhance its production capabilities.
The facility is expected to function as an integrated hub for supplying key electrification components to Hyundai Motor and Kia, as well as global customers.
Hyundai Mobis Targets European Electrification Market
Hyundai Mobis is placing particular emphasis on establishing strategic bases in Europe, recognizing the growth potential of the region’s EV market.
The company sees the establishment of the Slovak production base as a strategic move to strengthen its competitiveness in winning electrification business from global customers and expand its presence in the European market.
Slovakia is home to major global automakers including Kia, Volkswagen, Stellantis, and Volvo, providing a base for Hyundai Mobis to supply key electric vehicle components to customers operating in the region.
The facility is also expected to serve as an integrated hub capable of supplying key components to global customers such as Volkswagen, Stellantis and Volvo.
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PE System Completes European Electrification Supply Chain
Hyundai Mobis has developed core technologies and mass production capabilities across the EV component spectrum, including BSA and PE systems.
The company has been producing battery system assemblies at plants in the Czech Republic and Spain. With the launch of the Slovak plant, Hyundai Mobis has expanded its European electrification parts supply chain from batteries to electric drive systems.
The Slovak plant therefore strengthens the company’s ability to provide multiple electrification components while supporting its efforts to build partnerships with global automakers as they transition toward future mobility.
Europe Remains Key EV Growth Region
Hyundai Mobis is also positioning its Slovak investment around the growth potential of Europe’s EV market.
According to the European Automobile Manufacturers’ Association (ACEA), 1,220,890 EVs were sold in Europe during the first half of 2026, covering January to June. This represented a 40.5% increase compared with the same period last year, driven by major markets including France, Germany and Denmark.
The decision to establish the third European electrification production base in Slovakia is also expected to create synergies with Hyundai Mobis’ existing battery system factories in the Czech Republic and Spain.
Hyundai Mobis Targets 40% Global Customer Revenue
Hyundai Mobis has publicly stated its goal of increasing the proportion of sales to global customers to 40% by 2033.
The company continues to pursue strategic initiatives supported by its competitiveness in core technologies and investments in production bases across major markets.
Speaking at the plant opening, Hyundai Mobis President Lee Gyu Suk said, “To realize Hyundai Mobis’ future vision, we will continue to invest and devote our efforts to establishing the Nováky PE system plant as a key electrification hub in Europe. Looking ahead, strategic models from global automakers equipped with Hyundai Mobis PE systems will lead the European electrification market.”
The company views the new Slovak facility as an important outpost for targeting the European market and expanding its global electrification business.
Outlook
Hyundai Mobis’ new Slovakia PE system plant strengthens its European EV component production network and marks its first European facility dedicated to mass-producing PE systems. With an annual capacity of 280,000 units and approximately KRW 250 billion invested in the facility, the plant is positioned to supply Hyundai Motor, Kia and global customers.
The new production base also complements Hyundai Mobis’ BSA facilities in the Czech Republic and Spain, giving the company a broader European electrification supply chain spanning battery systems and electric drive systems. Its expansion supports the company’s goal of increasing revenue from global customers to 40% by 2033.
FAQs
1. Where has Hyundai Mobis started mass production of PE systems?
Hyundai Mobis has started mass production at its new PE system plant in Nováky, Slovakia.
2. What is the annual production capacity of the new plant?
The facility has an annual production capacity of up to 280,000 PE systems.
3. How much did Hyundai Mobis invest in the Slovak plant?
Hyundai Mobis invested approximately KRW 250 billion to construct the plant and enhance its production capabilities.
4. What components does the PE system include?
A PE system integrates an electric motor, inverter and reduction gear into a single unit and is a core component of an electric vehicle.
Sources: Korea JoongAng Daily, Hyundai Motor Group, BigGo Finance, Yahoo Finance, The Chosun Daily, Businesskorea
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