📋 Tender Overview
Scope : To Build Automotive Components and Electronic Systems Manufacturing Plant in United States
Mobase Electronics Co., a South Korean automotive electronics parts maker, is planning to establish a plant in the US as it won a 1 billion ($733.1 million) component supply deal from Hyundai Motor Group, the world’s No. 3 automaker.
Mobase Electronics signed a contract to provide the South Korean conglomerate’s carmaker – Hyundai Motor Co. with body domain controllers, which manage smart keys, tire pressure monitoring systems, rear occupant alerts, ultrasonic intrusion protection and other services to both companies for six years from 2026.
