Hyundai Mobis (a part of the Hyundai Motor Group) introduced at the moment that it efficiently secured a large-scale abroad contract for EV parts from Volkswagen AG.
The settlement is particularly associated to Battery System Meeting (BSA), which Hyundai Mobis describes as “an entire product that mixes a battery pack with the battery administration system (BMS) and different parts, to make sure the secure and environment friendly operation of the battery in an electrical automobile.”
In keeping with the South Korean provider, its BSA can be built-in into Volkswagen’s next-generation electrical automobile platform. Not solely that. Hyundai Mobis will construct a brand new native manufacturing base in Spain, close to the shopper’s plant.
There are not any extra particulars, but it surely sounds to us that the Volkswagen Group has determined to supply BSA (primarily battery packs) for its upcoming all-electric fashions (just like the Volkswagen ID.2), primarily based on the MEB Entry platform, from Hyundai Mobis, fairly than producing every thing in-house. The entry-level BEVs from the Volkswagen Group (Volkswagen, Skoda, Seat/Cupra) have been related to Spain for a very long time, and scheduled for 2025.
It’s totally attention-grabbing information and a bit bit shocking as a result of giant OEMs just like the Volkswagen Group and Hyundai Motor Group are normally seen as opponents. Alternatively, after the current partnership between Audi and SAIC in China, and the buy of a roughly 5 % stake in XPeng, ought to we be stunned by something?
It is exhausting to say for certain, however the Volkswagen Group seems to be adjusting its electrification technique, with probably extra outsourcing. We additionally wonder if it is due to necessity – technological or monetary – or simply a possibility. In July, we heard a report that Volkswagen model CEO Thomas Schafer reportedly mentioned throughout an inner assembly that “the roof is on fireplace.”
Anyway, it is a huge win for Hyundai Mobis, which at the moment is shortly increasing its BSA manufacturing capability around the globe, together with in the US.
“Mobis plans to determine a brand new manufacturing base close to an car plant in Spain to provide mentioned BSAs after acquiring board approval inside this yr. Presently, Mobis operates BSA manufacturing traces in Korea and the Czech Republic, with new electrical automobile hubs additionally being arrange in the US and Indonesia.”
“Mobis is understood for its portfolio of battery methods that may be utilized to all kinds of inexperienced automobiles known as xEVs, together with hybrids and battery electrical vehicles.”
Hyundai Mobis famous additionally that it “is anticipating further orders for electrical automobile parts within the international market,” so there’s a probability that we would see extra OEMs in search of EV parts from the South Korean group.