Hyundai Mobis secures $9.2 bil. in 2025 global orders

Hyundai Mobis secured $9.17 billion in orders from global clients last year on solid demand for its diverse electrification components, the auto parts maker said Monday. The figure is a record high and, significantly, excluded orders from Hyundai Motor Group’s two auto brands — Hyundai Motor and Kia. Hyundai Mobis said that orders from two major global carmakers in North America and Europe drove the robust performance. Under the deals with the undisclosed clients, Hyundai Mobis will supply key electrification components, such as battery system assemblies and chassis modules. The company did not share other details regarding the deals, but said they accounted for a significant share of its total orders last year. The outcome stands out at a time when a number of global automakers are scaling back or delaying new vehicle launches amid prolonged slowdown in demand for electric vehicles (EVs). Other factors that drove sales growth included proactive market expansion into regions such as China and India, Hyundai Mobis said. For this year, the company set a global order target of some $11.84Weiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times