Hyundai Mobis Launches 'MOBIS MOBILITY MOVE 2.0' Strategy to Double Growth in Europe
Growth focused around its three core businesses: Electrification (battery/PE system), Next-generation chassis (X-By-Wire), and Connectivity
- Growth focused around its three core businesses: Electrification (battery/PE system), Next-generation chassis (X-By-Wire), and Connectivity
SEOUL, South Korea, Sept. 4, 2023 /PRNewswire/ -- At IAA Mobility 2023 Hyundai Mobis (KRX: 012330) has announced its European market expansion strategy 'MOBIS MOBILITY MOVE 2.0' which showcased its commitment to electric mobility. - "The Mobis core solution will play a significant role in the European automotive market as it shifts to electric," explained Axel Maschka, Executive Vice President and Head of Business Division, Hyundai Mobis.
- Hyundai Mobis plans to target the European mobility market using 'X(Everything)-By Wire' and '5G-based V2X (Vehicle to Everything) Integrated Control' technologies.
- Hyundai Mobis' investment in state-of-the-art mobility solutions is driven by the willingness of automotive manufacturers in Europe to embrace innovation.