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Hyundai Mobis Develops Rear-autonomous Emergency Braking Technology

Hyundai Mobis Develops Rear-autonomous Emergency Braking Technology

SEOUL, Nov. 13 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Wednesday it has developed a new rear-autonomous emergency braking (R-AEB) technology. In a first for the automobile industry, Hyundai Mobis used ultra short range radar (USRR) rather than a combination of camera and ultrasonic sensor to develop the R-AEB [...]

Hyundai Mobis to Invest $50 mln in U.S. Auto Sensor Firm

Hyundai Mobis to Invest $50 mln in U.S. Auto Sensor Firm

SEOUL, Oct. 23 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Wednesday it will invest US$50 million in a U.S. light detection and ranging (LiDAR) company for autonomous driving technologies. Hyundai Mobis has recently partnered with Velodyne Lidar, a world-leading LiDAR sensors provider, in order to mass-produce Level 3 autonomous [...]

Hyundai Mobis to Build New EV Parts Plant in Ulsan in ‘U-turn’ Investment

Hyundai Mobis to Build New EV Parts Plant in Ulsan in ‘U-turn’ Investment

ULSAN/SEOUL, Aug. 28 (Korea Bizwire) — Hyundai Mobis Co. kicked off construction of a major electric vehicle parts plant in Ulsan on Wednesday, which President Moon Jae-in hailed as a significant move in South Korea’s drive to prod local conglomerates to expand facility investment at home. The country’s biggest auto parts maker plans to invest [...]

Hyundai Mobis Develops Camera System to Replace Side Mirrors

Hyundai Mobis Develops Camera System to Replace Side Mirrors

SEOUL, Jul. 21 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s largest auto parts maker, said Sunday it has developed a camera monitoring system that will replace side-view mirrors in next-generation vehicles. Three high-performance camera sensors inside the vehicle will not only increase driving safety by significantly reducing blind spots, and but also improve fuel [...]

Hyundai’s Commercial Vehicles to be Equipped with Advanced Driver Warning System

Hyundai’s Commercial Vehicles to be Equipped with Advanced Driver Warning System

SEOUL, Jul. 14 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Sunday that, starting from 2021, it will apply an advanced forward collision avoidance system to trucks and vans produced by Hyundai Motor Co. Hyundai Mobis has developed the driver state warning (DSW) system, which detects drowsy driving or lack [...]

Hyundai Mobis Develops Automatic Air Suspension Technology

Hyundai Mobis Develops Automatic Air Suspension Technology

SEOUL, Apr. 30 (Korea Bizwire) — South Korea has developed a new technology that automatically adjusts the height of an automobile when crossing school zones or speed humps, increasing safety and providing better driving experience. Hyundai Mobis Co., South Korea’s biggest auto parts maker, announced on Monday that it has developed so-called Preview Air Suspension [...]

Hyundai Mobis to Secure Image Detection Technology This Year

Hyundai Mobis to Secure Image Detection Technology This Year

SEOUL, Mar. 31 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Sunday that it aims to secure an advanced deep learning-based camera image detection technology by the end of this year. The company said it plans to apply the technology, required to build safe self-driving systems, to the front camera [...]

Elliott Management May Butt Heads with Hyundai over Outside Director Appointment

Elliott Management May Butt Heads with Hyundai over Outside Director Appointment

SEOUL, Feb. 27 (Korea Bizwire) – U.S. activist fund Elliott Management has begun to put pressure on Hyundai Motor Co. by recommending an outside director and demanding a higher yield. A shareholder in both Hyundai Motor and Hyundai Mobis Co., Elliott Management exercised the right of shareholder’s proposal to recommend a new outside director. However, the two [...]