South Korea: POSCO, Hyundai Motor lead consortium to develop next-generation electrical steel for EV motors

Source: BigMint Jul 15, 2026 08:30

Consortium targets mass production of 6.5% silicon electrical steel for EVs. Project spans steelmaking, motor production, vehicle performance validation

South Korean steelmaker POSCO has joined hands with Hyundai Motor and eight industry, academic, and research partners to develop next-generation high-silicon electrical steel sheets for electric vehicle (EV) drive motors, as the country seeks to strengthen its position in the market for high-value automotive materials. The consortium, backed by South

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