Auto parts maker Hyundai Mobis is starting the construction of a new plant in Spain. The new electric vehicle battery system plant will serve as a dedicated facility supplying Volkswagen.
Hyundai Mobis, the auto parts manufacturer under Hyundai Motor Group, said Wednesday it held a ground-breaking ceremony for its first factory in Western Europe, which will manufacture battery systems, particularly focusing on supplying the Volkswagen Group. The new factory in Navarre, Spain, will cover an area of 150,000 square meters, with a floor space of 50,000 square meters, and it will have the capacity to produ.