Posco completes EV drive motor plant in Poland

Posco International, part of South Korea’s steel and chemicals conglomerate Posco Group, announced that it has completed the construction of its new electric vehicle (EV) drive motor core plant in Brzeg, in Poland’s Opole Province, as part of the company’s plans to establish a strong presence in the European EV supply chain. The opening ceremony was attended by Posco International’s CEO, Lee Kye-In; the Opole Governor, Monika Jurek; and the South Korean Ambassador to Poland, Tae Jun-Yeol. The EUR 57 milli ...