Hyundai Wia has begun operations at a 40 billion won factory in Martin, Slovakia, establishing its second European production base and replacing leased facilities with an in-house plant. The facility can produce up to 800,000 constant velocity joints and 280,000 coolant modules annually, while the company plans to expand CVJ capacity by as much as fivefold and add heating, ventilation and air-conditioning modules. Products will supply global automakers including Hyundai Motor and Kia, with a focus on electric models such as Kia EV2 and EV4 sold primarily in Europe. Hyundai Wia plans to increase employment at the Slovak unit from 98 people to about 410 by 2030. The investment also positions the company for potential European local-production requirements, including those proposed under the European Commission's Industrial Acceleration Act.