Hyundai Mobis Obtains Huge Orders in Europe

Jackpot in Europe following the USA
Recognized for its supply capabilities and technology

Hyundai Mobis will supply chassis modules on a large-scale to Mercedes-Benz in Europe after its success in North America. Hyundai Mobis announced that it has signed a contract with Mercedes to supply chassis modules, and has operated a dedicated production base in Hungary for this purpose. It plans to supply chassis modules for electric and hybrid vehicles through this new plant in Hungary and build facilities for mixed manufacturing with gas and diesel vehicles.

The chassis houses components such as steering, braking, and suspension that runs under the vehicle body. When these devices are installed on the vehicle body, it is called a chassis module, which is considered a key component that determines driving stability. As vehicle parts are integrated and provided in a package format, there are many cases where supply continues for a long time once trust relationships with customers are established.
The industry also sets a high value on the fact that the company has established a forward base in Hungary, targeting the European market, where premium automakers are located. Hyundai Mobis’ new European plant in Kecskemét , central Hungary, is the size of seven football fields (equivalent to 50,000 square meters). Recently, Hungary has been rapidly emerging as an automobile and battery production hub in Eastern Europe. Production bases of major battery cell companies such as Samsung SDI, SK On, and CATL as well as finished car makers such as BMW have been built, resulting in annual production of 500,000 new cars.

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