Hyundai Mobis and Vector Agree on Joint Development of Automotive Software Platforms

Through this Memorandum of Unterstanding (MOU), the two companies are anticipating increased competitiveness of their automotive software in the global automotive industry.

Jae-ho Jang, senior vice president at Hyundai Mobis says: “This strategic partnership will not only enhance our software competitiveness and quality reliability in the global automotive industry but will also guide us towards becoming a leader in the mobility software industry.”

Ji-Hwan Chang, president of Vector Korea adds: “Vector is extremely excited to join Hyundai Mobis in the development of mission-critical automotive software platforms. Contributing with our industry-leading AUTOSAR expertise and products, we look forward to supporting Hyundai Mobis’ software oriented mobility transformation.”

The two companies will first install the co-developed software in core auto components related to next-generation parking systems, autonomous driving sensors, infotainment systems, and electrified parts. It is also expected that this list of core components installed with the platform will grow further.

As software platforms have become a critical component in defining competitiveness in vehicle manufacturing, global automakers are now requiring their automotive suppliers to adopt AUTOSAR-based software platforms with proven quality and versatility.

For Hyundai Mobis, this strategic partnership with Vector is only the beginning of more long-term partnerships to come with major software companies that have elemental technologies for automated driving. The first of these partnerships will most likely be concluded in the areas of automotive communication solutions and autonomous driving sensors.