TOPTEC Wins 20.1 Billion Won HEV Battery Equipment Order From Hyundai Mobis
TOPTEC secured a 20.1 billion won contract to supply a cylindrical HEV battery assembly line to MOBIS North America Electrified Powertrain, LLC of Hyundai Mobis. The deal builds on prior cooperation, including a battery system assembly line order in 2023, and broadens TOPTEC’s battery production equipment from EVs to HEVs. TOPTEC reported revenue growth and a narrower operating loss in the first half.