Hyundai Mobis has launched its first open innovation centre M.Cube, in silicon valley California. This is to make a full-fledged commitment to source and invest in startups possessing new technologies for future vehicles such as self-driving. Collaboration will be facilitated so that the ideas of startups can be effectively developed into vehicle optimisation. Also, the company will expand its research branch in Shenzhen, China into M.Cube by adding an investment role to it. Hyundai Mobis will use M.Cube as its core base to discover and invest in startups with strong growth potential in the areas such as self-driving (sensors, logic, software platforms), connectivity (infotainment, biometrics) and innovative new businesses (AI, vehicle security), to strengthen its technologies for future vehicles. Hyundai Mobis is expecting to secure core technologies for autonomous driving and connectivity optimised for the local market. The company will invest in startups possessing creative ideas, and startups can explore their growth potential with the help of the company’s expertise in core auto components and infrastructure.