Mobase Electronics wins $733 million supply deal with Hyundai Motor Group

Mobase Electronics signed a contract to supply body domain controllers to Hyundai Motor and Kia for six years from 2026, valued at 1 trillion won ($733 million). The company is also considering building a US plant.

“Mobase Electronics said it signed a contract to provide the South Korean conglomerate’s two carmakers – Hyundai Motor Co. and Kia Corp. – with body domain controllers.”kedglobal.com

• 1 source
• kedglobal.comKorea’s Mobase to build US plant as it wins $733 mn Hyundai deal - KED GlobalMi-Kyoung Lee, Ji-Hye MinMay 21, 2024

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