Mobis Opens EV Battery Plant in Tamil Nadu
ECONOMY & POLICY

Mobis Opens EV Battery Plant in Tamil Nadu

Mobis India Limited, an affiliate of Hyundai Motor India and a key player in global automotive components, has inaugurated its Electric Vehicle Battery System Assembly (BSA) plant at Sriperumbudur, Tamil Nadu.

Spread across 8.15 acres adjacent to Hyundai’s vehicle manufacturing unit, the facility has an initial capacity of 36,000 units annually, scalable to 75,000 units in line with rising demand for electric mobility. The plant will generate around 255 direct and indirect job opportunities, according to the company.

The facility will assemble high-performance battery systems for electric vehicles manufactured in India. The upcoming Hyundai Creta Electric will be the first model to feature battery packs assembled at this new unit. Mobis aims to play a crucial role in Hyundai’s broader strategy to localise EV production and strengthen its electric vehicle portfolio in India.

Currently, the plant manufactures Nickel-Manganese-Cobalt (NMC) battery packs and is expected to support Lithium-Iron-Phosphate (LFP) battery production in the near future. T. R. B. Rajaa, Tamil Nadu’s Minister for Industries, Investment Promotion and Commerce, officially inaugurated the facility.

Park Ki Chul, Managing Director of Mobis India Limited, stated, “This new EV Battery System Assembly plant represents a strategic leap forward in our efforts to support India’s transition to clean and sustainable mobility.”

Mobis India Limited, an affiliate of Hyundai Motor India and a key player in global automotive components, has inaugurated its Electric Vehicle Battery System Assembly (BSA) plant at Sriperumbudur, Tamil Nadu.Spread across 8.15 acres adjacent to Hyundai’s vehicle manufacturing unit, the facility has an initial capacity of 36,000 units annually, scalable to 75,000 units in line with rising demand for electric mobility. The plant will generate around 255 direct and indirect job opportunities, according to the company.The facility will assemble high-performance battery systems for electric vehicles manufactured in India. The upcoming Hyundai Creta Electric will be the first model to feature battery packs assembled at this new unit. Mobis aims to play a crucial role in Hyundai’s broader strategy to localise EV production and strengthen its electric vehicle portfolio in India.Currently, the plant manufactures Nickel-Manganese-Cobalt (NMC) battery packs and is expected to support Lithium-Iron-Phosphate (LFP) battery production in the near future. T. R. B. Rajaa, Tamil Nadu’s Minister for Industries, Investment Promotion and Commerce, officially inaugurated the facility.Park Ki Chul, Managing Director of Mobis India Limited, stated, “This new EV Battery System Assembly plant represents a strategic leap forward in our efforts to support India’s transition to clean and sustainable mobility.”

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->