Technological Innovation

High technologies open a new future of the mobility.

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Development of eco-friendly products

HL Mando develops parts used in eco-friendly vehicles, reaching new heights for the era of eco-friendly vehicles.

Development direction for eco-friendly vehicle parts

As we switch from mechanical and hydraulic parts to electronic control parts, we replace the disappearing power sources such as the cylinder air pressure with the motor power for eco-friendly vehicles and dramatically improve the installation to significantly contribute to bringing eco-friendly vehicles to life. In addition, a wide range of R&D activities are carried out towards curtailing the fuel consumption of the existing products or reducing the emissions of hazardous substances.

Risk & Impact

  • Intensifying competition in the green automotive market
  • Strengthening demand to mitigate environmental impact through LCA (Life Cycle Assessment)
  • Exceeding the threshold for PM emissions from the use of brake products

Opportunity

  • Leading technology transformation and securing competitiveness in the green automotive market
  • Preemptively responding to automobile environmental laws and regulations
  • Being a first mover in hydrogen vehicle infrastructure

Strategy

  • Operate an LCA taskforce team
  • Develop green materials that reduce carbon emissions
  • Preemptively respond to regulations by developing products reducing brake PM

Performance

  • Achieved 25% in the proportion of xEV programs in sales
  • Reached 64% in the proportion of electronically controlled products in sales

Target

  • Reach 45% in the proportion of green auto parts in sales by 2025
  • Reach over 70% in the proportion of electronically controlled products in sales by 2025
  • Perform LCAs on products accounting for 50% of sales by 2024

Next Step

In addition to developing the parts for eco-friendly vehicles such as hydrogen vehicles and electric vehicles, HL Mando also reinforces its R&D to reduce the environmental pollution caused by the existing auto parts.

Going forward, the company will continue to expand its business area to encompass the infrastructure service field for eco-friendly technology and build the eco-friendly vehicle infrastructure. As a result, it will transform its business structure further oriented towards eco-friendly mobility as part of its plan to increase the sales proportion of xEV models to account for over 45% by 2025.

Eco-friendly vehicle products

  • Eco-friendly vehicle products

    The global automobile market is focused on eco-friendly energy vehicles and autonomous driving technology. HL Mando continues to expand its portfolio of eco-friendly auto parts, such as the fuel cell DC-DC converter (FDC) and bidirectional high-voltage DC-DC converter (BHDC) and develops products designed to bring forth eco-friendly vehicles to preemptively deal with the future automobile market.

    In particular, the integrated dynamic brake (IDB) is HL Mando's leading technology as a necessary part of eco-friendly and autonomous vehicles. IDB2, which offers an improved IDB performance, has made the package more compact, improved mountability with a prefabricated design, and enhanced smartness with integrated control technology.

  • The product to improve mileage

    Continuous efforts are being made around the world to reduce GHG emissions that directly affect global warming. HL Mando continues to develop the technology designed to improve the fuel efficiency not only for eco-friendly vehicles but also for vehicles with internal combustion engines every year.

    Low Drag Caliper, one of the products currently under development, is expected to reduce carbon dioxide by 0.75g per 1km.

  • Pollutant reduction products

    Since 2019, HL Mando has formed a consortium under the supervision of the Ministry of Trade, Industry, and Energy to implement the national project of “Reducing particulate matters from non-exhaust pipes in the transportation sector.”

    To brace up for laws related to brake wear and dust in advance, which are expected to be announced, we plan to develop prototypes through collaboration at home and abroad to ensure that eco-friendly vehicles are commercialized by 2023.

Autonomous driving

We will make great strides as a leader for autonomous vehicles and usher in the era of future mobility.

Response to customer's personalized roadmap for autonomous driving

HL Mando launched HL Klemove to strengthen the autonomous driving business in 2021.
HL Klemove aims to become a fully autonomous driving solution provider capable of responding to advanced autonomous driving through continuous innovation based on autonomous driving technology and SW data.

Reinforced R&D and digital transformation

Risk & Impact

  • R&D expenses relatively low against sales
  • Short product lifecycle and increasing technology complexity
  • Intensifying competition for automotive SW integration among OEMs and IT companies

Opportunity

  • Launching new products by identifying market trends and consumer needs
  • Securing new technology and saving investments through business operations aligned with government-sponsored business
  • Being a first mover in the advancing mobility and autonomous driving markets

Strategy

  • Strengthen SW capability through the operation of SW Campus
  • Split autonomous driving business into HL Klemove to advance autonomous driving and mobility operations
  • Bolster open innovation through startup investment and R&D staff development

Performance

  • Reached 4.4% in R&D expenses against sales
  • Invested KRW 13.8 billion in tech startups

Target

  • Reach 5.1% in R&D expenses against 2023 sales
  • Expansion of R&D personnel

Next Step

Due to the intensifying competition for software development, the key to autonomous driving and future mobility, HL Mando integrates/establishes organizations to implement integrated control software, and actively attracts key personnel to cultivate experts.

HL Mando plans to incorporate core technologies in the mobility industry, such as data, cloud, and AI, through a broad spectrum of collaborations.

Autonomous Robot

Parkie, the world's first autonomous driving-based parking robot (AMR), is a remarkable innovation developed by leveraging HL Mando's cutting-edge autonomous driving technology and decades of vehicle manufacturing expertise. By offering seamless parking convenience, Parkie not only enhances the overall value of buildings but also revolutionizes the utilization of parking lots.

Parkie enables the implementation of mechanical parking methods in automated parking lots, resulting in an impressive increase of up to 30% in available parking spaces.

By minimizing parking time and alleviating the inconvenience caused by inadequate driving skills, we can enhance satisfaction for tenants and users.

Autonomous Robot

Open innovation

HL Mando extends smart collaboration space and works with experts in various fields to create future values.

Collaboration Map

HL Mando extends the smart collaboration space and works with experts from a complete range of different fields to build an open innovation ecosystem.

Open innovation network status

As of March, 2022

Autonomous

27

  • DCU/PCU platform SW7
  • Lidar4
  • Camera7
  • Radar4
  • Image processing3
  • V2X/network2
Chassis

25

  • R&D collaboration12
    • Product engineering7
    • Prior art development5
  • Operation efficiency9
    • LCM/outsourcing8
    • Smart factory1
  • Market expansion4
New

16

  • Patrol robot5
  • Mobility SW2
  • Data solution4
  • Parking robot4
  • Connected car1

Startup discovery and investment

HL Mando is committed to discovering domestic and foreign tech companies based on artificial intelligence and software. In particular, the company discovers startups for the future growth engine, such as batteries (BMS: battery management system), autonomous driving, FOTA (firmware over the air), and shared platforms, and analyzes companies to invest in. HL Mando is reinforcing its corporate analysis capabilities to lay the groundwork for business cooperation.

Startup investment status at home and abroad by year

Unit: case

  • Korea
  • Global
2018
2
1
2019
6
2
2020
5
0
2021
6
4
2022
4
2

Startup investment status in 2022

Unit: case

Startup investment status in 2021
Category New business Core business
Korea 3 1
Global 1 1
Total 4 2

Technology Council and Seminar

HL Mando upgrades the internal common technologies and introduces new technologies to improve its technical standard, and runs a technology council to address product and technical development issues. The Council, made of technical divisions in Four different fields, consists of an internal R&D technical expert group and external technical advisors. In the technical expert group, leading technology experts from each internal R&D center gather to secure new technology development capabilities and address technical difficulties, while advisory members are composed of the most suitable experts, such as university professors in new technology-related fields, to provide advice on technology issues at quarterly new technology seminars.

The council periodically hosts quarterly seminars and internal seminars inviting experts and holds annual plans at the beginning of each year and a place to share the results at the end of the year to apprehend the global technology trends.

  • CAE
  • Mortor
  • EMC
  • AI