Hyundai Mobis Seeks Mobility Alliances in Silicon Valley, USA

On the 29th, the '1st Mobis Mobility Day' Held

[Asia Economy Reporter Kiho Sung] Hyundai Mobis will hold a strategic investment briefing session targeting local startups and investors in Silicon Valley, USA. This is aimed at discovering future mobility innovation technologies and securing 'future technology allies' in the process of promoting new growth businesses such as Urban Air Mobility (UAM) and robotics.

Hyundai Mobis announced on the 26th that it will invite about 80 people including startup officials and investors working in the future mobility industry to Silicon Valley, USA on the 29th to hold the '1st Mobis Mobility Day.'

This event is an opportunity to introduce future technology development directions and investment strategies and to share global technology trends related to future mobility. This is the first time Hyundai Mobis has held such an event locally in Silicon Valley, USA.

Hyundai Mobis will explain to local Silicon Valley stakeholders its mid- to long-term future growth direction of transforming its business model into a software and platform-centered company.

To effectively convey this message, the event is organized by Mobis Ventures Silicon Valley (MVSV).

Mobis Ventures Silicon Valley is one of Hyundai Mobis's global open innovation bases. It was established in 2018 to discover and invest in global startups possessing future mobility new technologies.

Kim Young-bin, Head of Planning Division at Hyundai Mobis, said, "To find cooperation partners for innovative technology development, we will continue to actively communicate with local startups and investors by utilizing global open innovation bases."