Hyundai Mobis will expand its manpower on software research by five-fold by year 2025. The decision was based on the conclusion that improvement in research and development (R&D) on software is necessary to become an expert in future automobile technologies including self-driving and connectivity.
Hyundai Mobis announced June 10 that they would expand software design engineers from the current 800 to 4,000 by 2025.
There are 2,700 researchers working in Hyundai Mobis Korea and 30% of this work force is made up of software experts. The strategy is to substantially increase the proportion to become the first mover in obtaining technology for the future car industry.
In particular, Hyundai Mobis is planning to train all researchers into premium software design engineers so that each employee becomes capable of leading a project. In order to achieve this, the company established Mobis Software Academy in the beginning of this month in its Technology R&D Center located in Yongin, Gyeonggi Province where training in software related duties will take place. A total of 1.4 billion won was invested in the academy with a training capacity of approximately 400 researchers in one setting. This is an exceptional step as automobile parts manufacturer to establish a large-scale software expert training program
According to global consulting business McKinsey & Company, software will take up 30% of automobile features by 2030 from the current 10%. This is because software technology is becoming a more important factor in deciding the performance of an automobile from the advent of self-driving cars.
To strengthen its software-related capabilities, along with plans to expand manpower, Hyundai Mobis has made plans to expand operations of its lab in India and branch office in Vietnam as the global research base. In the India research lab, approximately 500 research workers are working to expand the scope of research from multimedia product software design to self-driving software development. This is its 11th year of operations. The lab is analyzing data from M.BILLY, the global self-driving test car and is working to develop a self-driving simulation program built on the road environment of India this year.