Hyundai Mobis to build factory in the USA

Hyundai Mobis, a South Korean automotive supplier owned by the Hyundai Motor Group, is investing US$926 million in an electric vehicle component plant in Bryan County in the US state of Georgia.

This is the very county where Hyundai Motor Group recently began construction of its new electric car plant. Hyundai Mobis thus follows the concept proven by other factories of the group to build its own component factories in the immediate vicinity. These include various sensors for assisted or autonomous driving, as well as the chassis, steering and braking systems – and, as in the case of Georgia, also for electrification.

Construction of the Hyundai Mobis plant is expected to begin in January 2023, with production beginning in 2024. The components will power not only Hyundai’s electric car plant in Bryan County, but also Hyundai’s plant in Montgomery, Alabama. , and the Kia plant in Georgia. .

Hyundai Mobis’ electric vehicle components include the ICCU, which is the integrated charging control unit that combines the on-board charger and the DC-DC converter into a single unit in the group’s E-GMP models. This ICCU also enables the car-to-carry function in E-GMP vehicles. But Hyundai Mobis can also manufacture the electric drive unit and battery systems, including the BMS itself.

Georgia is expected to manufacture more than 900,000 Power Electric EV systems and 450,000 integrated charge control units per year, according to the state announcement. As a reminder, the vehicle plant under construction in Bryan County is designed to produce up to 300,000 electric cars per year – likely (but not yet confirmed) initially the large electric SUVs Hyundai Ioniq 7 and Kia EV9. So there would still be enough components for the other two factories.

The component factory is therefore essential for the supply of the vehicle factory called ‘Metaplant’. For Hyundai Mobis, however, the new plant in Bryan County is already the second plant in Georgia: with its production plant in West Point (1,200 employees), Hyundai Mobis is already the largest Tier 1 supplier for the plant Kia there. The new plant is expected to create 1,500 jobs.

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