Launches mass production of EV and hybrid components at its first overseas dedicated production base for global OEMs Expands partnership reach into Eastern Europe, leveraging quality and manufacturing capabilities proven in the North American market Maximizes logistics efficiency by securing a strategic hub near key clients and adopting in-line production Activates five production networks in Europe to reach goal of 40% global sales share by 2033
Hyundai Mobis production line in Hungary
Hyundai Mobis is strengthening its ties with a German premium brand in a key strategic location in the European automobile market, following its advances in North America. Its overseas production facility in Hungary, dedicated to an OEM, has entered full-scale operation, signaling the start of next-generation module supply. Hyundai Mobis announced on the 10th that it recently completed the establishment of a new base in Hungary and has begun mass production.
This achievement is underpinned by the trust built over the past several years in its manufacturing process technology and quality. Since 2022, Hyundai Mobis has supplied chassis modules to Mercedes-Benz through its Alabama plant in the United States, demonstrating stable supply capabilities. This track record is seen as having led to additional orders in the European market and the establishment of a dedicated plant.
The newly built production base is located in Kecskemét, in central Hungary. By leveraging the geographical advantage of being adjacent to a finished vehicle manufacturing plant, the company has optimized its logistics system and adopted a system for immediate parts delivery in line with the customer’s production schedule. The total site area is approximately 50,000 square meters.
Hyundai Mobis Hungary plant
At this plant, Hyundai Mobis will focus on producing chassis modules for electric and hybrid models in line with the electrification trend. A chassis module is a large integrated component that combines braking, steering and suspension systems, and is a core element directly linked to a vehicle’s driving performance. Hyundai Mobis has installed facilities capable of producing both internal combustion engine vehicles and eco-friendly vehicles, and plans to respond flexibly to diverse changes in customer demand.
In recent years, Eastern Europe has emerged as a new hub of the automotive industry as global OEMs and secondary battery companies have clustered there. Not only German manufacturers but also Chinese companies are continuing large-scale investments. Taking this market environment into account, Hyundai Mobis has designated Hungary as its fourth production base in Europe and as a dedicated facility for external customers.
Once the battery system plant in Spain is also in operation, Hyundai Mobis will secure a total of five production networks spanning across Europe. A solid supply chain is expected to further strengthen its parts competitiveness. Given that the chassis module business entails large-scale facility investment, securing this base is expected to serve as an opportunity to further reinforce long-term cooperative relationships with customers.
Hyundai Mobis is concentrating its capabilities on a strategy to increase the share of global OEMs to 40% of total sales by 2033. In advanced markets such as North America and Europe, it plans to enhance partnerships based on technological superiority, while also expanding its market share in emerging markets with high growth potential.
Kim Sang-jun
AI-translated with ChatGPT. Provided as is; original Korean text prevails.
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