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    A012330   KR7012330007

HYUNDAI MOBIS CO.,LTD

(A012330)
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End-of-day quote Korea Stock Exchange  -  05-18
195000.00 KRW   -3.23%
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Hyundai Mobis : to showcase AI-controlled concept car and innovative solutions at IAA Mobility 2021

08/25/2021 | 11:21am EDT

- First participation in IAA Mobility to expand its market position in Europe
- Introducing electromobility components and M.Vision X, an AI-included concept car for full autonomous driving
- Presenting its strategy for the European market at press conference on Sep 6
[Seoul, Korea, Aug 23rd] At IAA Mobility 2021 (September 7-12, 2021), Hyundai Mobis, the global no.7 automotive supplier, will unveil the M.Vision X, an AI-included concept car for full autonomous driving, in a European premiere. The all-electric, zero-emission M.Vision X is a purpose-built 4-seater mobility vehicle. It is controlled autonomously as well as via an integrated center cockpit that communicates with passengers contactlessly via gesture recognition. The M.Vision X offers highly innovative technology solutions and a unique reinterpretation of the automotive interior. For example, all of the vehicle's windows can be switched into a display with various functions.
You can find out more about the M.Vision X here:
https://en.mobis.co.kr/communityid/34/view.do?pageIndex=1&idx=5075&rss=&cntPage=10&f=3&q=
The company will also showcase the most innovative technology components of the new all-electric Hyundai IONIQ 5. Thanks to the advanced MOBIS electrification components, the IONIQ 5 is considered the next evolutionary step in electromobility and already achieves a range of up to 100 kilometers after just 5 minutes of charging and a range of almost 400 kilometers when fully charged. A total of 30 innovative and strategically important components from the development of the IONIQ 5 will be presented by Hyundai Mobis at the IAA Mobility.
In addition, the company, which in addition to Hyundai and Kia also supplies components to other well-known automotive carmakers in North America and Asia, will be presenting the latest technology solutions in the following areas:

• Hydrogen-electric powertrains
• Autonomous driving
• Pure electric drives
• High-performance radar
• Advanced head up displays
• Adaptive lighting technology
• Safety technology, airbag technologies
• 48 Volt technology
• Infotainment
• Chassis construction
Hyundai Mobis is participating in the IAA for the first time in 2021. The company is pursuing a strategic transformation into a software- and platform-oriented technology company. Hyundai Mobis will exhibit in Hall B2 at Booth C20, right next to the Volkswagen booth and main stage, covering an area of approximately 358 square meters. In addition to exhibition space, the booth will also offer a private area for customers.
In Europe, Hyundai Mobis plans to further successfully expand its market position. Major investments have already been made in its plants in the Czech Republic (battery assembly) and Slovakia (mild hybrid battery assembly + EV battery system assembly); Hyundai Mobis is continuously expanding its electrification capabilities in Europe and has established new production lines for core electric vehicle parts. In addition, Hyundai Mobis operates a winter test facility in Arjeplog, Sweden.
Hyundai Mobis has also decided to convert 100% of its electricity consumption at all its sites to renewable energy. By 2030, 65% of the electricity consumed at all domestic and overseas sites is to come from renewable sources, and 100% is to be achieved by 2040. This means the company meets the Climate Group's RE100 criteria.

Press Conference: September 6, 1:10 p.m.
Hyundai Mobis will hold a press conference on the press day of the IAA Mobility, September 6, at 1:10 p.m. to 1:25 p.m. in Hall B2 at Booth C20, and will present its strategy for the European market in addition to its new products for the show. Axel J. Maschka, Executive Vice President and head of Global Sales Division at Hyundai Mobis, will chair the press conference.

Disclaimer

Hyundai Mobis Co. Ltd. published this content on 23 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 August 2021 15:20:07 UTC.


© Publicnow 2021
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Sales 2022 48 111 B 38,0 B 38,0 B
Net income 2022 2 565 B 2,02 B 2,02 B
Net cash 2022 8 032 B 6,34 B 6,34 B
P/E ratio 2022 7,18x
Yield 2022 2,45%
Capitalization 17 754 B 14 015 M 14 015 M
EV / Sales 2022 0,20x
EV / Sales 2023 0,16x
Nbr of Employees 10 269
Free-Float 64,9%
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Hyung-Geun Bae Director & Head-Finance
Joon-Wu Choi Head-Legal & Compliance Support
Dae-Su Kim Independent Director
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