Hyundai Mobis is ramping up its global market strategy by consistently delivering research and development (R&D) breakthroughs across future mobility sectors, including electrification, autonomous driving, connectivity, and advanced materials. The company aims to bolster its business structure around high-value core components by securing cutting-edge technologies ahead of the curve.
On Wednesday, Hyundai Mobis unveiled 50 new mobility technologies to its automotive clients and partners. The innovations include 28 in electrification and 22 in modular systems, with most ready for mass production.
In the electrification realm, a standout development is the 120 kW Power Electric (PE) system, tailored for urban compact electric vehicles (EVs). This integrated drive system, which combines motor, inverter, and reducer, expands Hyundai Mobis’ portfolio to include compact cars, complementing its existing lineup of medium and large EVs. With this addition, the company now offers drive systems across all vehicle segments.
Charging performance also saw significant improvements. The next-gen 22 kW Integrated Charging Control Unit (ICCU) employs an algorithm that actively monitors battery voltage and temperature during fast charging, dynamically controlling charging speed. This innovation cuts charging time by roughly half while maintaining safety standards.
In the chassis module sector, Hyundai Mobis introduced low-floor technology that maximizes vehicle space utilization. This integrated low-floor chassis module achieves both weight reduction and enhanced driving performance, with five related patents filed. For cockpits, the company unveiled a low-power light-emitting diode (LED) based ambient lighting controller and metal layering techniques for injection mold production.
Advancements in materials science have also been notable. Key developments include a novel film that boosts electric motor output and eco-friendly materials that incorporate wood to reduce plastic usage. Hyundai Mobis believes these innovations will enhance cost competitiveness, mitigate raw material supply risks, and help meet increasingly stringent global environmental regulations.
Internally, Hyundai Mobis continues to foster a culture of innovation. The annual M.Fields Festa, an employee-driven technology ideation event, saw a record 1,170 submissions last year – a 25% increase from the previous year. Over the past six years, the cumulative number of proposals has surpassed 5,600.
The company is evaluating these ideas for technological and business potential, aiming to transform promising concepts into tangible development projects. To support this initiative, Hyundai Mobis has boosted its research and development (R&D) investment to over 2 trillion KRW (approximately 1.36 billion USD), an all-time high for the company.
A Hyundai Mobis spokesperson stated that they’re focused on securing a competitive edge in key future mobility areas such as electrification, electronics, semiconductors, and robotics. This will allow them to expand our portfolio of customized products for global customers. By doubling down on cutting-edge technologies, they’re laying the groundwork for sustained long-term growth.