Hyundai Mobis Expands Indian R&D Center to Enhance Global Software Development Strategy
Hyundai Mobis Expands Indian R&D Center
In a strategic move to enhance its global software development capabilities, Hyundai Mobis has officially opened a new, integrated research and development (R&D) center in Hyderabad, India. This facility merges two existing centers into a significant hub aimed at bolstering the company’s automotive software strategies and response to the ever-growing demand for innovative technologies in vehicles.
Aims and Objectives
The new R&D center, sprawling across an impressive 24,000 square meters, is situated in a commercial zone renowned for attracting top-tier tech talent. This positioning is crucial for Hyundai Mobis, as the company seeks to develop software solutions for both the local and global automotive markets. With an increasing emphasis on electric vehicles (EVs) and SUVs, the integration of advanced software solutions, including autonomous driving features and driver-assistance systems, has become essential.
Expansion of Resources
Hyundai Mobis aims to leverage this new facility to facilitate the recruitment of skilled software developers, thereby expanding its R&D workforce significantly. The integrated center will encompass multiple research spaces, data centers, laboratories, and collaborative workspaces designed to foster innovation and efficient product development. Furthermore, the facility embodies a commitment to creating an ecosystem that encourages partnerships with local software companies to realize comprehensive automotive solutions.
Growth in the Indian Market
The decision to establish an extensive R&D base in India is also prompted by the country's burgeoning automotive sector, which recorded an annual new car sales volume of 5.2 million units and is projected to reach 6.2 million by 2028. As the market evolves past small cars toward preference for larger vehicles and EVs, Hyundai Mobis recognizes the urgent need to respond with competitive software offerings.
Future Focus on Product Development
Hyundai Mobis plans to engage its Indian R&D team actively in the early stages of new product development, aligning closely with the company’s goal of promoting innovation through integrated software solutions. The development of a hardware and software platform that caters to the shifting landscape toward software-defined vehicles will also be prioritized.
Head of the Technical Center in India, Jong-keun Lee, expressed enthusiasm about the center's potential, stating, "With a rich pool of developers readily available, this hub is poised to initiate groundbreaking R&D endeavors. Our two-decade expertise in vehicle production will underpin our aim to advance automotive software and elevate our product competitiveness."
Aligning with Global Trends
In alignment with global trends toward increasing digitization in the automotive sector, Hyundai Mobis is working toward a hardware-software integration that is reflective of the demand for customized systems in vehicles. This will assist in reducing development costs and enhancing the overall convenience of the R&D environment for diverse global customers.
Hyundai Mobis is committed to maintaining its position as a leading automotive supplier by not only upgrading its existing Korean R&D centers but also expanding its global footprint through advanced facilities in India, Germany, and China. Plans for a new semiconductor R&D center in Silicon Valley, USA, are underway, which will further bolster the company’s autonomous driving technology development.
In short, Hyundai Mobis aims to cement its status as a formidable player in the automotive software space, building on its R&D capabilities in India as part of a comprehensive strategy to capitalize on the rapidly transitioning dynamics of the automotive industry.