SEOUL, Nov. 19 (Korea Bizwire) – Hyundai Mobis Co., South Korea’s leading auto parts maker, on Tuesday outlined its value-up program focusing on profitability and technological prowess amid a slowdown in electric vehicle (EV) sales. Hyundai Mobis aims to report an annual average of 5-6 percent in its operating profit margin in the three years through [...]
SEOUL, Oct. 16 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s leading automotive parts maker, said Wednesday it has signed an investment agreement worth some 350 billion won (US$256.2 million) with the Slovak government to build manufacturing facilities for electric vehicle (EV) parts in the European country. Hyundai Mobis said it has signed the agreement [...]
SEOUL, Jul. 19 (Korea Bizwire) – Hyundai Mobis, a leading automotive supplier, announced on July 18 that it has developed the world’s first airbags specifically designed for Purpose-Built Vehicles (PBVs), addressing the unique safety challenges presented by these versatile and spacious vehicles. The company has introduced two innovative airbag designs: a door-mounted curtain airbag and a [...]
SEOUL, May 26 (Korea Bizwire) – Hyundai Mobis Co., South Korea’s leading auto parts maker, has said it plans to boost its investment in electric vehicle (EV) parts and automotive chips this year. The auto parts arm of Hyundai Motor Group unveiled its plan during the Mobis Mobility Day in Silicon Valley on Thursday (U.S. [...]
SEOUL, May 9 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s leading auto parts maker, said Thursday it plans to build a 90 billion-won (US$65.8 million) electric vehicle (EV) module plant in the country’s southeastern industrial city of Ulsan. The company signed a memorandum of understanding with the city government of Ulsan, 299 kilometers southeast [...]
SEOUL, Apr. 24 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s leading auto parts maker, said Wednesday it has started construction of an electric vehicle (EV) battery plant in Spain. The company said it held a groundbreaking ceremony for the envisioned 150,000-square-meter factory in Navarre, Spain, on Tuesday. Hyundai Mobis aims to start mass production [...]
SEOUL, Apr. 4 (Korea Bizwire) – Hyundai Mobis, a leading automotive parts supplier, announced on April 4 the launch of a button-integrated smart key in the form of a slim card, designed for enhanced portability and convenience. While card-style smart keys have previously been used in certain export models of the Genesis brand, this marks [...]
SEOUL, Dec. 28 (Korea Bizwire) – In a pioneering collaboration aimed at boosting military efficiency and comfort, Hyundai Mobis, a leading South Korean automotive parts company, has signed a Memorandum of Understanding (MOU) with the Republic of Korea Marine Corps to implement motion sickness reduction technology in military vehicles. This groundbreaking partnership, announced on December 27, [...]
SEOUL, Sept. 13 (Korea Bizwire) — Hyundai Mobis’ innovative drowsy driving prevention technology has earned the prestigious Presidential Award at the 2023 Korea Safety Technology Awards, as announced by the Ministry of the Interior and Safety on Tuesday. This groundbreaking technology, known as “M.Brain,” combats drowsy driving accidents by continuously monitoring the driver’s real-time condition through brainwave [...]
SEOUL, Aug. 9 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s leading auto parts maker, said Wednesday it has received an order from Volkswagen AG to supply a core electric vehicle component for the German carmaker’s EV platform. In the “large-scale” supply deal, Hyundai Mobis will supply battery supply assembly (BSA) parts to Volkswagen, which [...]