Hyundai Mobis plans to increase EV component investment to 70% in 2024, up from current 50%.

Hyundai Mobis, South Korea's leading auto parts maker, plans to increase investment in electric vehicle (EV) components and automotive chips in 2024, with 70% of its total investment focusing on EV parts, up from the current 50%. The company unveiled its plans during the Mobis Mobility Day in Silicon Valley, where it shared technological advancements and visions with business partners.

May 26, 2024
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