Hyundai Mobis reported 9.17 billion USD in orders from global automakers in 2025, excluding Hyundai Motor and Kia. The figure exceeded the company’s original target of 7.45 billion USD by 23%, driven by electrification component contracts and expanded electronic component supply.
Highlights
- Order performance: Hyundai Mobis secured 9.17 billion USD in global orders, surpassing its 7.45 billion USD target by 23%
- Electrification focus: Battery Systems Assembly (BSA) and chassis module contracts from North American and European automakers accounted for a significant portion of total volume
- Geographic expansion: Customer base grew in emerging markets including China and India through tailored component strategies
- 2026 target: Company aims for approximately 11.84 billion USD in orders, a 30% increase year-over-year
Electrification Components Drive Order Volume
Hyundai Mobis secured contracts from two major global customers in North America and Europe for Battery Systems Assembly and chassis modules. The company did not disclose customer names or detailed contract values, citing confidentiality requirements and potential changes prior to mass production.
Large-scale electrification and module orders typically result in long-term partnerships. BSA and chassis module contracts often span 10 to 20 years due to joint investments in production facilities and logistics systems. Hyundai Mobis has maintained a supply relationship with Stellantis (formerly Chrysler) since 2005 for chassis modules.
Electronic Components Expand Customer Reach
The supplier secured orders for advanced Human-Machine Interface (HMI) products from a major North American customer. HMI systems provide driving information through communication between vehicle occupants and onboard systems.
Hyundai Mobis also expanded sound system supply agreements with a sedan-focused brand. The company reports ongoing discussions with additional global customers for HMI product orders.
Emerging Market Gains in Core Components
Hyundai Mobis diversified its customer base for braking, steering, and safety systems in China and India:
- India: Tailored component supply strategy proved effective as local brand market share continued to rise
- China: New orders secured from local EV brands through competitive sourcing
2026 Order Targets
Hyundai Mobis set its 2026 global order target at approximately 11.84 billion USD, representing a 30% increase from 2025. The target includes:
- Core component orders at levels similar to 2025
- Large-scale module order considerations
- Region-specific sales strategies
Jae-mok Cho, Head of Global Sales at Hyundai Mobis, stated the company plans to accelerate order-acquisition efforts by leveraging competitiveness in electrification and electronic components.
Hyundai Mobis ranks as the sixth-largest global automotive supplier, headquartered in Seoul, Korea. The company operates R&D headquarters in Korea with technology centers in the United States, Germany, China, and India. Additional information is available at mobis.com.
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