Hyundai Mobis plans to boost profits, expand EV component focus, and increase market shares by 2033.

Hyundai Mobis, a South Korean auto parts maker, aims to boost its operating profit margin to 5-6% by 2027 and expand its global automaker client base to 40% by 2033. The company plans to focus on high-value EV components, including an extended range electric vehicle powertrain, and intends to increase its total shareholder return to over 30% by 2027. Hyundai Mobis also seeks to secure a 10% share in the global chassis safety market by 2030.

November 19, 2024
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