Hyundai Mobis inks deal to co-develop software platform

SEOUL: Hyundai Mobis and German software platform expert Vector have agreed to the joint development of a vehicle software platform.

Vector, a partner of AUTOSAR, which endorses global standards for automotive software, is a leading provider of development tools and software platforms to global automakers and suppliers.

As software platforms have become a critical component in defining competitiveness in vehicle manufacturing, automakers are now requiring their suppliers to adopt AUTOSAR-based software platforms.

Through the memorandum of understanding (MoU), the two companies are anticipating increased competitiveness of their automotive software in the global automotive industry.

The two companies will first install the co-developed software in core components related to 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.

For Hyundai Mobis, this partnership is only the start 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.

Hyundai Mobis is the parts and service subsidiary of Hyundai Motor.