Hyundai Mobis Starts Mass Production of EV Powertrain Systems at New Slovakia Plant
Hyundai Mobis has begun producing PE systems — integrated EV powertrains — at a new plant in Nováky, Slovakia, its first such factory in Europe.
- 280,000 units
- KRW 250 billion
- 106,000 sq m
- 40%
What Happened
Hyundai Mobis has begun full-scale mass production of PE (Power Electric) systems — what it calls the heart of the EV — integrated electric powertrain units that combine an electric motor, an inverter, and a reduction gear. The company held a Grand Opening ceremony for its new PE system plant in Nováky, Slovakia, on the 3rd (local time the 2nd), marking its first PE system plant in Europe and its third electrification production base in the region, following battery system assembly facilities in the Czech Republic and Spain. President and CEO Lee Gyu Suk hosted the event, which drew approximately 100 attendees including Slovak Prime Minister Robert Fico, Deputy Prime Minister and Economy Minister Denisa Saková, Trenčín Region Governor Jaroslav Baška, European Commission representatives, customers, suppliers, and local media.
Located in Slovakia’s Trenčín Region, the new plant occupies a site of approximately 106,000 square meters, or roughly 15 football fields, with a total floor area of 8,500 square meters. Hyundai Mobis has invested a total of about KRW 250 billion to strengthen its production capabilities and respond promptly to customer needs, equipping the plant 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.
- Ulsan, Daegu, Chungju, and Pyeongtaek in Korea
- United States
- Czech Republic
- Spain
- Indonesia
“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 new Nováky plant is expected to serve as an integrated hub capable of supplying key electrification components to Hyundai Motor and Kia as well as other global customers. Hyundai Mobis says it has developed its own core technologies and mass-production capabilities across the full EV component spectrum, including battery system assemblies and PE systems. The company sees growth potential in Europe, the world’s second-largest EV market after China, and notes that Slovakia is home to major global automakers including Kia, Volkswagen, Stellantis, and Volvo. Through initiatives such as its CEO Investor Day, it has consistently communicated its goal of increasing the share of revenue from global customers to 40% by 2033.
Why this matters
By producing PE systems in Slovakia, Hyundai Mobis plants a manufacturing foothold inside Europe, the world’s second-largest EV market, at a time when global automakers in the region are shifting to electric vehicles. The new facility can supply up to 280,000 integrated powertrain systems a year and is located in a country that already hosts Kia, Volkswagen, Stellantis, and Volvo. For beginners: suppliers that build components near automakers can win more business as the EV supply chain develops.
Terms in This Story
- PE system
- Power Electric system — an integrated electric powertrain unit for EVs, combining an electric motor, inverter, and reduction gear.
- BSA
- Battery system assembly — a packaged battery system used to store and supply electrical energy in a vehicle.
- inverter
- A component that converts electrical current so an electric motor can be driven from a battery.
- stator
- A stationary part of an electric motor that works with the rotor to generate motion.
Summarised from the linked release; details can be imperfect — always verify against the original source.