Korea’s Samhyun to Build EV Component Plant in Sriperumbudur
A major boost to Tamil Nadu’s electric mobility ecosystem is underway as Korea’s Samhyun prepares to establish a new electric vehicle motor component plant in Sriperumbudur. The development expands the region’s growing role as a strategic base for advanced automotive manufacturing.
New EV Manufacturing Unit Planned
Samhyun has acquired 11 acres of industrial land from Tata Chemicals to set up its facility near Chennai. The upcoming plant will focus on producing electric vehicle motor components to support the rapidly growing domestic and global EV supply chain.
Land Transaction Facilitated by JLL
Real estate consultant JLL served as the transaction advisor for the land purchase. The firm highlighted that the deal reinforces Chennai’s growing reputation as a leading hub for the automotive and electric mobility sectors, driven by strong industrial infrastructure and policy support.
Samhyun’s Technological Capabilities
Founded in 1988, Samhyun specialises in designing and manufacturing advanced Smart Actuators and Smart Power Units. These products integrate motors, controllers, reducers, and inverters into modular systems. The company supplies critical drive solutions to emerging sectors such as electric vehicles, autonomous mobility, electric ships, and urban air mobility.
Exam Oriented Facts
- Samhyun is setting up an EV motor component plant in Sriperumbudur, Tamil Nadu.
- The company purchased 11 acres of industrial land from Tata Chemicals.
- JLL acted as the transaction advisor for the land deal.
- Samhyun manufactures Smart Actuators and Smart Power Units for e-mobility applications.
Boost to Tamil Nadu’s EV Manufacturing Corridor
The new facility strengthens the state’s expanding EV manufacturing corridor, attracting global suppliers and increasing local value addition in the electric mobility sector. With Samhyun’s entry, Sriperumbudur is expected to gain further momentum as a preferred investment destination for next-generation automotive technologies.