Hyundai Mobis began construction of an EV dedicated battery system plant in Indonesia, aiming to complete by the first half of next year.
Hyundai Mobis intends to set Indonesia as a beachhead as the country is emerging as the heart of the ASEAN market, and catapult to being a leader of the electrification ecosystem, which include cells, battery systems, and OEMs.
Hyundai Mobis held a groundbreaking ceremony for the battery system plant in Bekasi, West Java (Jawa Barat) on the outskirts of Jakarta on May 31.
Hyundai Mobis will use battery cells supplied by a joint battery cell venture, HLI Green Power, and will turn them into modules that include a controller and a heat controller. They will be supplied to global automakers as large battery systems.
Hyundai Mobis’ plant in Indonesia will be located in Deltamas industrial complex, about 60 km southeast of the capital city of Jakarta. It is 3km from Hyundai Motor Company’s plant in Indonesia and 10km from HLI Green Power, which will maximize the delivery efficiency of the battery system.
Hyundai Motor has invested $60 million (KRW 80 billion) for the plant on a land area of approximately 33,000㎡. The battery systems will be supplied first to flagship EV models slated to be released in Southeast Asia next year.
Hyundai Mobis holds half of the stake (Hyundai Mobis 25 percent, Hyundai Motors 15 percent, Kia 10 percent) in Hyundai Motor Group’s total investment in HLI Green Power, a joint battery cell venture currently being built near the company’s local plant.
Hyundai Mobis is producing EV components, including battery systems in Korea and in Europe (Czech Republic, Slovakia).
In October last year, the company announced a plan to invest $1.3 billion by 2030 in a bid to expand the electrification production base in North America.
Hyundai Mobis is constructing five additional electrification component plants in Alabama and Georgia, USA.