[Post-Corona Strategy] Hyundai Mobis Focuses on Developing High-Performance Sensors for Autonomous Driving

At CES held in Las Vegas, USA earlier this year, industry insiders are viewing Hyundai Mobis's autonomous driving shared concept, M.Vision S. (Photo by Hyundai Mobis)

[Asia Economy Reporter Kim Ji-hee] Hyundai Mobis showcased core autonomous driving sensors such as cameras and radars, as well as communication lighting technology, through the electric vehicle sharing concept 'M Vision S' at 'CES 2020,' the world's largest electronics and IT exhibition held earlier this year in Las Vegas, USA. Hyundai Mobis plans to actively communicate with stakeholders about the future car vision through global investments and collaborations via open innovation, aiming to overcome the global crisis caused by the novel coronavirus infection (COVID-19).

The company is also considering entering new fields related to future mobility. Notably, it is conducting large-scale collaboration with Yandex, a leading MaaS (Mobility as a Service) provider, targeting robo-taxis with autonomous driving level 4 or higher.

While it has internalized technologies led by advanced companies as a latecomer, Hyundai Mobis now aspires to establish itself as a leader driving a paradigm shift in the automotive parts industry by leading the development of future innovative technologies. Especially, this year marks the 20th anniversary since declaring its transformation into a specialized automotive parts company, and it is focusing on achieving results in autonomous driving and electrification fields. In line with forecasts that the eco-friendly vehicle market, including electric vehicles, will grow dramatically by 2025, the company plans to continue large-scale investments and target global automakers including Hyundai Kia Motors.

First, under the plan to develop all autonomous driving proprietary sensors by this year, Hyundai Mobis is accelerating the acquisition of related technologies. Since perfectly autonomous driving requires accurately reading the external driving environment, the company is focusing on developing high-performance sensors. To quickly secure competitiveness in core sensors, it is not only independently developing sensors but also strengthening collaborations with overseas specialists, universities, and startups.

Deep learning-based camera sensors are being developed in collaboration with domestic startups, and in the LiDAR sensor field, a strategic partnership has been established with Velodyne in the United States. To this end, an investment of approximately 60 billion KRW has also been made.

This content was produced with the assistance of AI translation services.