Hyundai Mobis Exceeds Order Target, Secures $9.17B from Global Automakers in 2025
Hyundai Mobis announced it secured $9.17 billion in orders from global automakers last year, surpassing its target by 23%.
- $9.17 billion
- $7.45 billion
- $11.84 billion
What Happened
Hyundai Mobis announced that it secured $9.17 billion in orders from global automakers last year, excluding Hyundai Motor and Kia. This figure exceeds its original target of $7.45 billion by 23%. The company attributed the results to large-scale electrification component orders, expanded supply of high value-added electronic components, and proactive market penetration in emerging economies like China and India.
23%
Achieved despite many global automakers revising launch plans amid the EV chasm.
Hyundai Mobis secured orders from two major customers in North America and Europe for key electrification components such as Battery Systems Assembly (BSA) and chassis modules. These long-term contracts, often lasting 10 to 20 years, contribute significantly to the total order volume. The company has maintained a partnership with Stellantis (formerly Chrysler) for over 20 years since 2005.
In electronic components, Hyundai Mobis won orders for advanced Human-Machine Interface (HMI) products from another North American customer and expanded sound system supply to a sedan-focused brand. The company also diversified its customer base for braking, steering, and safety systems in emerging markets like China and India, leveraging tailored strategies for local brands.
“While uncertainty in the external business environment is expected to persist this year, we plan to step up our order-acquisition efforts and surpass last year’s performance by leveraging our core competitiveness in electrification and electronic components.”
Why this matters
Despite the EV market slowdown, Hyundai Mobis is winning major contracts for electrification and electronic components, strengthening its global partnerships and long-term revenue streams.
Terms in This Story
- EV chasm
- A period of slowdown in electric vehicle adoption as the market transitions from early adopters to mainstream buyers.
- HMI (Human-Machine Interface)
- Display systems that provide driving information through communication between humans and vehicles.
- BSA (Battery Systems Assembly)
- A key electrification component that integrates battery modules and management systems.
Summarised from the linked release; details can be imperfect — always verify against the original source.