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.
About Hyundai Mobis
Hyundai Mobis is the global no. 6 automotive supplier, headquartered in Seoul, Korea. Hyundai Mobis has outstanding expertise in sensors, sensor fusion in ECUs and software development for safety control. The company's products also include various components for electrification, brakes, chassis and suspension, steering, airbags, lighting, and automotive electronics. Hyundai Mobis operates its R&D headquarters in Korea, with four technology centers in the United States, Germany, China and India. For more information, please visit the website at http://www.mobis.co.kr/.
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