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#HD Hyundai Electric

HD Hyundai Electric to invest $272.3 M in transformer production

January 20, 2025

HD Hyundai Electric plans to invest 397 billion won ($272.3 million) to boost production capacities for 765 kV ultra-high-capacity transformers at its plants in Ulsan and Alabama.

HD Hyundai Electric’s $49.6 M order in Sweden

September 3, 2024

HD Hyundai Electric Co. has signed a 66.2 billion won ($49.6 million) contract to supply power equipment to a Swedish power company.

HD Hyundai Electric wins UK transformer deal

May 31, 2024

The company will supply nine transformers with capacities of 275 to 400 kV to five substations operated by National Grid by October 2027.

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