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Wed, June 7, 2023 | 23:54
Companies
Hyundai Mobis CEO vows to become mobility platform provider
Posted : 2023-04-28 17:05
Updated : 2023-04-29 09:04
Kim Jae-heun
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Hyundai Mobis CEO Cho Sung-hwan gives a keynote speech at the 44th International Vienna Motor Symposium in Austria, Thursday. Courtesy of Hyundai Mobis
Hyundai Mobis CEO Cho Sung-hwan gives a keynote speech at the 44th International Vienna Motor Symposium in Austria, Thursday. Courtesy of Hyundai Mobis

By Kim Jae-heun

Hyundai Mobis CEO Cho Sung-hwan attended the 44th Vienna International Motor Symposium in Austria, Thursday (local time), illustrating the company's future strategy as a mobility platform provider, company officials said Friday.

He spoke about the company's willingness to strengthen its key competitiveness in the future mobility sector, focusing on electrification, autonomous driving and connectivity.

The CEO also introduced Hyundai Motor Group's vision for future mobility and gave a clear picture of Hyundai Mobis' strategy in connection with the group's approach.

"Hyundai Mobis will deliver a differentiated platform to customers in the electrification, autonomous driving and connectivity sectors based on software with exceptional quality and optimum semiconductors," Cho said during his talk at the motor symposium on Thursday.

He also discussed the company's plan to promote the new businesses as its next growth engines. That is, using electrification element technology, such as the battery system it has already secured, to propel new businesses, such as urban air mobility and robotics.

Hyundai Mobis is producing and supplying battery system assemblies, the electric drive units and the integrated charging control units that are installed on electric vehicle platforms.

The company plans to scale up such key electrification technologies as new growth engines in the near future.

Cho emphasized that innovation in mobility technology is vital to enhancing the value and quality of people's lives.

"Hyundai Mobis strongly believes that mobility technology is an important key to solving universal problems including climate change, urban overcrowding and the aging population," Cho said.

The Vienna Motor Symposium is an internationally recognized annual symposium in the automotive industry. This year, the symposium focused on the theme of powertrain electrification, which has brought a huge wave of change in the global automotive industry. Over 1,000 people representing global carmakers, automotive suppliers and academics from 25 countries attended the event in Vienna.


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