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Tribune News Service
Tribune News Service
Business
Kalea Hall

Auto supplier Hyundai Mobis to expand in North America for EV transition

Hyundai Mobis, a South Korea-based global auto supplier, is planning to expand operations across North America for the electric vehicle transition, the company said Wednesday at the Detroit auto show.

Axel Maschka, executive vice president and head of Hyundai Mobis global original equipment sales, said the company will construct more EV-dedicated sites in the region to manufacture EV components including battery system assemblies.

"In general, our expansion follows customer business," Maschka said in an interview. "Now, we have contracted large electric vehicle businesses. We are now expanding on these businesses."

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