- Hyundai Mobis held the Mobis Mobility Day, themed around eco-friendly mobility, and shared the company’s technological developments and vision for the future.
- The event will focus on securing alliances in future technologies such as electrification and seek opportunities for business collaboration with innovative companies.
- Ongoing interaction with local investment professionals will lead to successful investments and accelerate securing future growth drivers.
San Francisco, May 26, 2024 Hyundai Mobis (KRX 012330) announced on the 26th that it has held the ‘3rd Mobis Mobility Day’ hosted by Mobis Ventures Silicon Valley (MVSV), a North American open innovation investment hub. This large-scale event showcases the company’s business vision and startup investment plans to global startups, academia, and investors. Through this initiative, Hyundai Mobis aims to discover promising companies with innovative technologies in the mobility field, including software, autonomous driving, and infotainment, and secure ‘future technology alliances.’
Hyundai Mobis held the 3rd Mobis Mobility Day in Silicon Valley, USA.
The event was attended by around 250 pre-invited representatives from Silicon Valley startups, academia, industry investors and local investment managers from global automakers seeking networking opportunities.
Mobis Mobility Day is a platform where Hyundai Mobis shares its current technological development and future vision with local companies and explains its future investment plans. Every year, Hyundai Mobis seeks business cooperation partners in Silicon Valley, a hub of resources, technology, talent and capital, to strengthen its global technological competitiveness in the field of future mobility.
This year’s event was themed “Green Mobility” and coincided with the global automotive industry’s shift towards electrification. Hyundai Mobis showcased its competitiveness in chassis technologies optimized for electric vehicle platforms, including braking, steering and suspension systems. It also introduced its portfolio of core electrification components, including batteries and PE systems.
Silicon Valley investors at the event acknowledged that although the global electric vehicle market is temporarily slowing, the era of greener cars is inevitable, and they predicted continued investment in “sustainability” and “clean tech” innovations in the auto industry.
To respond to the rapidly changing mobility ecosystem, Hyundai Mobis established Mobis Ventures Silicon Valley (MVSV) in 2018. Through MVSV, the company continues to identify and invest in promising startups in the future mobility field and foster technology collaborations with local innovative companies.
MVSV’s local investment activities are producing visible results. In 2020, Hyundai Mobis invested in UK-based Envisics to collaborate on Augmented Reality Head-Up Display (AR-HUD) technology. It also partnered with Zendar, a developer of high-performance imaging radar for autonomous driving, LightIC, an AI-based semiconductor LIDAR company, and Sonatus, a software platform specialist, to continue collaborating on key mobility technologies of the future.
About Hyundai Mobis
Hyundai Mobis is the world’s sixth largest auto parts supplier, headquartered in Seoul, South KoreaHyundai Mobis has outstanding expertise in sensors, sensor fusion for ECUs and software development for safety control. The company’s products also include various components for electrification, braking, chassis and suspension, steering, airbags, lighting and automotive electronics. Hyundai Mobis has its R&D headquarters in Korea and operates four technical centers. united states of america, Germany, China and IndiaFor more information, please visit the website at http://www.mobis.co.kr/.
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Source: Hyundai Mobis
