South Korea continues to strengthen its role in the global electric vehicle industry. Moreover, Posco International, part of South Korea’s Posco Group, launched a new motor core plant in Poland to secure growth in Europe. Therefore, the move highlights how the South Korea EV market and its companies are shaping the future of mobility worldwide.
The new facility in Brzeg, Poland, covers 100,000 square meters and cost 94.1 billion won, equal to about $67 million. Furthermore, after trial runs, the plant will begin full production with a yearly capacity of 1.2 million motor cores. As a result, this step reflects South Korea’s commitment to building stronger supply chains and supporting global automakers.
South Korea has developed a clear three-continent production network. In addition, with plants in Asia, North America, and Europe, Posco International aims to secure a 10 percent global market share by 2030. Consequently, the South Korea EV market serves as the foundation for this strategy, while Poland adds a vital European base.
The European Union plans to stop new sales of internal combustion cars in the future. Therefore, demand for electric cars continues to rise quickly. Posco International designed the Poland site to supply growing needs in Europe. However, the South Korea EV market remains central to research, innovation, and production strength.
South Korea already runs major plants in Pohang and Cheonan, producing 2.5 million units each year. In addition, Posco also operates sites in Mexico with 3.5 million units and India with 300,000. With the new Poland facility, the company expects total yearly capacity to reach 7.5 million units by 2030.
Executives forecast rapid revenue growth from this expansion. In fact, the motor core business expects to rise from 450 billion won to 1.5 trillion won in sales. Moreover, leaders in South Korea believe the EV market will support both local and global growth.
At the inauguration, CEO Lee Kye-in stressed South Korea’s leading role in the EV sector. He explained that the Poland site builds on South Korea’s strong base in steel, battery materials, and advanced components. Finally, with these strengths, the company will continue to push global mobility innovation.
