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Reading: South Korean firm to establish an $18 million EV heaters plant in Georgia
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EV-a2z > News > South Korean firm to establish an $18 million EV heaters plant in Georgia
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South Korean firm to establish an $18 million EV heaters plant in Georgia

EV-a2zm
Last updated: 2023/06/09 at 1:06 AM
EV-a2zm Published June 8, 2023 3 Min Read
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South Korean auto parts firm Woory Industrial Co., Ltd. will build a new $18 million electric vehicle heater factory in Dublin, Georgia, as Governor Brian P. Kemp declared.

Contents
PurposeAbout Woory

The new factory is expected to become operational in November, generating over 130 new job opportunities in the state.

“We’re proud to welcome Woory Industrial as the latest job creator to help us on the path to becoming the e-mobility capital of the nation. This emerging industry continues to bring historic levels of new jobs and investment to communities all over the state, thanks to our highly-skilled workforce and reliable infrastructure network. With these and other assets, I’m confident Woory will have a long and beneficial partnership with Dublin-Laurens County.”

Governor Brian Kemp

Georgia is proud to be the first U.S. home of Woory Industrial as we move closer to our goal of becoming the e-mobility capital.

Being No. 1 for business means creating opportunity in all parts of the state, and we're excited about this new partnership in Dublin-Laurens County. https://t.co/xTtgITmigR

— Governor Brian P. Kemp (@GovKemp) June 7, 2023

Purpose

As mentioned, Woory would produce electric heaters, control units, and actuators for both electric and internal combustion engine vehicles in North America.

For context, electric vehicles need heaters, especially in cold weather, to keep their passengers warm. Moreover, it is a crucial component in maintaining the batteries‘ temperature for better performance.

#High_Voltage_Electric_Heater Market Size Worth $7.12 Billion By 2027 | CAGR: 22.59%

Read More : https://t.co/XSRvdXz0RD@BorgWarner @Eberspacher @Mahle @Woory #electricvehicles #trends #analysis #marketresearchreport #forecast #share #marketresearch #industry #ElectricVehicles pic.twitter.com/ClJlDEygMZ

— karishma (@karishmamulani5) November 19, 2020

About Woory

Woory claims that it has been developing and producing electric heaters for the past decade as it aims to dominate the market.

The Georgia plant is the company’s first production plant in the US, which adds to its current plants in South Korea, China, Thailand, Vietnam, India, Slovakia, and Mexico.

“Currently, we are facing a revolution in the automobile industry for the first time in 100 years. The transition to electric vehicles is the future, and the US EV market is the key market among all automotive markets.

Over the past 10 years, Woory has successfully grown into a specialized EV component company through continuous innovation. Georgia will be a good opportunity for Woory to take another step forward as part of the vanguard of EV development. We are confident that our experience and technology will contribute to the prosperity of the community, and we sincerely appreciate the partnership of the State of Georgia and the City of Dublin.”

Woory Industrial Company CEO Jungwoo Kim

See Also:

  • How far can I drive (Range) using my electric vehicle in winter?
  • Do electric vehicles break down more?
  • How does cold weather affects electric car?
  • Why do battery packs need a cooling system?
  • Ford enhanced its EV range by 13% by using radiant interior heating

The Georgia plant will start production of the said electric vehicle components in November 2023.

Remarkably, the state will also fund the training of the workers at Woory’s new factory. Apart from that, the company can gain eligibility for various incentives, such as property tax breaks from Dublin and Laurens County.

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TAGGED: Electric Vehicle, EV, South Korea, USA
EV-a2zm June 9, 2023 June 9, 2023
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