Hyundai’s supplier is building a new EV parts plant in Slovakia to conquer European market
![Hyundai-EV-plant-Slovakia](https://electrek.co/wp-content/uploads/sites/3/2024/10/Hyundai-EV-plant-Slovakia.jpeg?quality=82&strip=all&w=1400)
Hyundai Motor Group’s supplier, Hyundai Mobis, is investing around $256 million (350 billion won) in building new plants in Slovakia for EV parts. The base will include Hyundai’s first EV power systems production plant in the region, a “key bridgehead for conquering the European electrification market.”
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