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KOA Automotive to build new EV component plant in Gumi, South Korea
Several South Korean media sources reported that KOA Automotive Inc. will build an electric vehicle (EV) parts plant in Uiseong-gun, Gyeongsangbuk-do. The company has headquarters and a plant in Uiseong, where it produces automotive parts such as motor cores.
By 2027, it will invest KRW 48.9 billion (JPY 5.38 billion....
By 2027, it will invest KRW 48.9 billion (JPY 5.38 billion....
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