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Sejong EVE, to newly nestle into Chungju Industrial Cluster

According to Yonhap News,

The city of Chungju, North Chungcheong Province, announced an investment deal, reached on May 29 with Sejong EVE, a hydrogen vehicle components maker.

Sejon EVE plans to purchase manufacturing sites (4,888㎡) located near Chungju Industrial Cluster and to mass produce metal membranes applied to hydrogen fuel cell. Nearly 250 new employees will be hired to work in this new production plant.

Sejong EVE is newly incorporated business entity, 100 percent financed by its holding corporation Sejong Industrial Co., Ltd., to supply products to Hyundai Mobis Chungju factory. Sejong Industrial Co., Ltd., headquartered in Ulsan city, is one of top auto-parts makers, specializing in auto-exhaust system since its foundation in 1976.

Source Text

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Source: Yonhap News (May 29 , 2020)

** This article was translated from Korean.