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Hyundai Mobis to Mass-Produce Faster EV Charging Component by 2025

New technology aims to double charging speeds and boost EV market growth amid global slowdown
South Korea
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Hyundai Mobis, the world’s fifth-largest auto parts maker and a subsidiary of Hyundai Motor Group, plans to begin mass production of a new charging control unit by the end of 2025. This integrated charging control unit (ICCU) will double electric vehicle (EV) charging speeds to 22 kW from the current 11 kW, addressing a major concern for consumers hesitant to adopt EVs. The ICCU also allows EV batteries to charge electronic devices, adding versatility for users.

Unveiled at a tech event at Hyundai Mobis’ R&D center in Uiwang, South Korea, the new component is part of the company’s broader push into electrification. Hyundai Mobis showcased 65 new technologies at the event, including 15 industry firsts. Despite the global slowdown in EV adoption, Hyundai Mobis remains committed to advancing electrification, with EVs expected to eventually dominate the auto market.

In 2022, Hyundai Mobis generated 12 trillion won ($9 billion) in sales from its electrification business, representing 20% of its total revenue. The company is also eyeing future expansion into advanced air mobility and robotics. With its new technologies, Hyundai Mobis aims to strengthen its position as a global leader in EV parts, helping to address key industry challenges like reliance on critical materials such as nickel.

 

 

 

 

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