Hyundai Mobis Exceeds Global Order Target

Hyundai Mobis announced it secured 9.17 billion USD in orders from global automakers last year, excluding Hyundai Motor Company and Kia, surpassing its target by 23%. This achievement was driven by large-scale orders for electrification components like Battery Systems Assembly (BSA) and high value-added electronic components such as Human-Machine Interface (HMI) products. The company also expanded its customer base into emerging markets like China and India. Hyundai Mobis expects long-term partnerships from these orders, citing its over 20-year relationship with Stellantis===Chrysler (now Stellantis). For the current year, Hyundai Mobis has set an ambitious global order target of approximately 11.84 billion USD, reflecting continued growth in core components and large-scale module orders.