Hyundai Mobis muscles into car parts market

With U.S. electric vehicle pioneer Tesla Inc accelerating the shift towards electric cars, Hyundai Motor suppliers have increasingly turned to “outsiders” for parts; but now Hyundai’s own supply company, Mobis, plans on plunging into this supply chain. Hyundai Mobis is negotiating with two global automakers to supply electrified parts, said the company’s executive with an…