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South Korean parts maker continues to expand in global BEV supply chain.
Hyundai Mobis (KRX 012330) has commenced full scale mass production of PE (Power Electric) systems, the "heart of the EV," in Europe, stepping up efforts to expand its presence in the region's electrification market. A PE system is an integrated electric powertrain unit comprising an electric motor, an inverter that converts electrical current, and a reduction gear. Following the production of battery system assemblies (BSAs) in the Czech Republic and Spain, the company will now mass produce and
Micron said the agreements are designed to improve long-term supply visibility and production planning as automakers accelerate the shift toward AI-enabled vehicles.
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