- Hyundai Mobis holds 'Mobis Mobility Day,' themed around
eco-friendly mobility, to share the company's technological
developments and future vision
- The event seeks business collaboration opportunities with
innovative companies, focusing on securing allies in future
technologies such as electrification
- Continuous interaction with local investment experts leads
to successful investments, accelerating the securing of future
growth drivers
SAN FRANCISCO, May 26, 2024 /PRNewswire/ -- Hyundai Mobis
(KRX 012330) announced on the 26th that it held the "3rd Mobis
Mobility Day," organized by Mobis Ventures Silicon Valley (MVSV),
its North American open innovation investment hub. This large-scale
event introduces the company's business vision and investment plans
for startups to global startups, academia, and investors. Through
this initiative, Hyundai Mobis aims to identify promising companies
with innovative technologies in the mobility sector, such as
software, autonomous driving, and infotainment, and secure "future
technology allies."
Approximately 250 participants attended the event, including
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 for Hyundai Mobis to share its
technological development status and future vision with local
companies and explain its future investment plans. Every year,
Hyundai Mobis seeks business collaboration partners in Silicon
Valley, a hub of resources, technology, talent, and capital, to
enhance its global technological competitiveness in the future
mobility field.
This year's event, with its theme of "Green Mobility," aligned
with the global automotive industry's shift towards
electrification. Hyundai Mobis showcased its competitive edge in
chassis technologies optimized for electrified vehicle platforms,
such as braking, steering, and suspension systems. The company also
highlighted its portfolio of core electrification components,
including battery and PE systems.
Silicon Valley investors attending the event acknowledged that
while the global electric vehicle market has temporarily slowed,
the era of eco-friendly vehicles is inevitable. They predicted
continued investment in "sustainability" and "clean technology"
innovation within the automotive industry.
Hyundai Mobis established Mobis Ventures Silicon Valley (MVSV)
in 2018 to respond to the rapidly changing mobility ecosystem.
Through MVSV, the company continues identifying and investing in
promising startups in the future mobility sector and fostering
technology cooperation with local innovative companies.
MVSV's local investment activities have yielded tangible
results. In 2020, Hyundai Mobis invested in Envisics, a UK-based
company, to collaborate on augmented reality head-up display
(AR-HUD) technology. The company also maintains business
partnerships with Zendar, a high-performance imaging radar
developer for autonomous driving; LightIC, an AI-based
semiconductor LIDAR company; and Sonatus, a software platform
specialist, continuing its collaboration in key future mobility
technologies.
Media Contact
Choon Kee Hwang :
ckhwang@mobis.com
Myong Sun Song
: sms@mobis.com
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