Mobis has started the construction of a new plant in Spain, the heart of Europe’s automotive market. Accordingly, the new plant represents a significant strategic entry into Western Europe.
Equally important, it will serve as a dedicated facility supplying Volkswagen, a global client.
Mobis currently operates battery system production facilities in Korea, China, and the Czech Republic. At the same time, it is also building several more in the United States and Indonesia.
Recently, Mobis held a groundbreaking ceremony for the Battery System Assembly (BSA) dedicated factory in Navarre, Spain. The ceremony, which aims for mass production by 2026, gathered local government officials and other stakeholders.
The Spanish factory plays a critical role in Mobis’s strategic directions of ‘electrification‘ and ‘expansion of global orders.’ Last year, the company secured a major BSA supply contract with Volkswagen. Thus, enhancing its external growth and internal solidity.
BSA refers to the complete product that enables the battery to function safely and efficiently in electric vehicles. Moreover, integrating electronic components and the Battery Management System (BMS) into the battery pack. High-capacity and efficient battery systems are pivotal in deciding the quality and performance of electric vehicles.
Jung In-bo, the head of the Spanish electrification plant of Mobis said they value the long-term partnership with Volkswagen. In addition, Jung said, “We will strive to diversify our supply base in Europe, including supplying upcoming models for our client.”
Mobis plans to invest 170 billion Korean won (approx, 120 Million Euro, excluding land and facility) by 2030 in the Spanish plant to support this initiative. The factory will also establish state-of-the-art electrification equipment technologies to maximize efficiency. It also aims to serve as a standard model of electrification tailored explicitly for global clients.
The site of the Spanish factory spans approximately 150,000sq.m, which is equivalent to the size of 21 soccer fields. Most importantly, it will produce up to 360,000 battery systems annually.
The BSA produced here will get its way to Volkswagen’s next-generation electric vehicle platforms. Specifically, manufactured at a factory located 14 kilometers away in Pamplona.
Meanwhile, Navarre location in the northernmost part of Spain, which borders France, serves as a bridgehead for entry into mainland Europe. Known as Europe’s second-largest automotive manufacturing base after Germany, it is only about 2-3 hours from major global automakers and automotive suppliers from Pamplona.
-24 April 2024-