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Hyundai Mobis Hosts Investment Conference in Silicon Valley
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.
Choon Kee Hwang :
ckhwang@mobis.com
Myong Sun Song : sms@mobis.com
View original content: https://www.prnewswire.co.uk/news-releases/hyundai-mobis-hosts-investment-conference-in-silicon-valley-302155022.html