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Hyundai Mobis
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Automotive parts supplier; builds mobility software.
Hyundai Mobis
Work Here?
Automotive parts supplier; builds mobility software.
About Hyundai Mobis
Industries
Automotive & Transportation
Industrial & Manufacturing
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Seoul, South Korea
Founded
1977
Overview
Hyundai MOBIS focuses on automotive technology and is the sixth-largest automotive parts supplier globally. Its core business spans manufacturing auto parts and distributing after-sales components. It now develops software and system solutions for future mobility, emphasizing electrification, autonomous driving, and connectivity. Its goal is to create Innovation for Humanity and Mobility for Tomorrow, aligning products and services under the idea of One For All Mobility. The company differentiates itself through its large-scale integration of traditional parts manufacturing with software-driven mobility solutions, enabling a seamless path from core modules to connected, electrified, and autonomous vehicle systems.
Simplify's Take
What believers are saying
- Plans $1.3B investment through 2030 for Battery System Assembly and PE System factories.
- V2X connectivity modules MTCU Gen1 and Gen2 address global NCAP safety requirements.
- Showcased 20+ electrification technologies at IAA Mobility 2023 targeting $1.29B European orders.
What critics are saying
- $32M DOE subsidy at Toledo facility faces clawback from unmet production milestones.
- Magna International's superior e-drive systems erode Hyundai Mobis North American EV market share.
- Hyundai Motor Group prioritizes in-house e-CCPM over Mobis suppliers, slashing European order targets.
What makes Hyundai Mobis unique
- Developed Trailer Reverse Assistance system for North American pickup truck market with OEM traction.
- Secured $940M green loan for North American electrification hub across Alabama and Georgia.
- Invested nearly 2 trillion KRW in Silicon Valley mobility startups over five years for innovation pipeline.
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Funding
Total Funding
$972M
Above
Industry Average
Funded Over
2 Rounds
Benefits
401(k) Company Match
Professional Development Budget
Stock Price
Company News
The Biden administration plans to award General Motors and Chrysler-parent Stellantis nearly $1.1 billion in grants to convert existing plants to build electric vehicles and components, it said on Thursday.
/PRNewswire/ -- Hyundai Mobis' (KRX: 012330) strategy for expanding its global footprint in the electrification business is progressing smoothly. Following its...
Raised investment capital for a new North American electrification hub through seven global financial institutions—marking its first overseas Green Loan Successfully procured long-term financing (10 years) at a favorable rate The acquired funds will be deployed to establish new BSA and PE system factories SEOUL, South Korea, Nov. 8, 2023 /PRNewswire/ — Hyundai Mobis’ (KRX: […]
'Mobis Mobility Day' held targeting Silicon Valley startups. Sharing mobility vision and announcing investment plansNearly 2 trillion KRW invested directly in startups over the past five years. Procuring orders following discovering startups in North America , Europe , and moreExpanding investments in promising global enterprises in the electrification field. Strategies to secure a competitive edge in electric vehicle by attracting overseas orders etc. Attention captured by specialized Trailer Reverse Assistance (TRA) system, tailored for high-demand pickup truck marketSEOUL, South Korea, Sept. 14, 2023 /PRNewswire/ -- Hyundai Mobis is expanding its investments in global startups with core future mobility technologies
At its North American R&D Center, Hyundai Mobis unveils 21 cutting-edge technologies to clients such as GM, Stellantis and conducts facility toursAttention captured by specialized Trailer Reverse Assistance (TRA) system, tailored for high-demand pickup truck marketSEOUL, South Korea, Sept. 13, 2023 /PRNewswire/ -- "Reverse parking a trailer attached to a pickup truck often presents challenges for drivers. By seamlessly integrating autonomous driving technology into this scenario, we've piqued significant interest from consumers in the North American market."Lt. Governor of Michigan Garlin Gilchrist II joined Hyundai Mobis’ Open house event at its North American R&D Center in Detroit. A spotlight on the Trailer Reverse Assistance system, a technology tailored for the North American market and developed by Hyundai Mobis.Hyundai Mobis is elevating its strategic approach in North America. The company leverages comprehensive R&D strategies rooted in analyzing local consumer preferences and needs
Hyundai Mobis is Hiring for 26 Jobs on Simplify!
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About Hyundai Mobis
Industries
Automotive & Transportation
Industrial & Manufacturing
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Seoul, South Korea
Founded
1977
Hyundai Mobis is Hiring for 26 Jobs on Simplify!
Find jobs on Simplify and start your career today