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LG, SK, Halla set to join Hanon Systems bid
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By technology, the market is divided into automatic and manual. Based on vehicle type, the market is bifurcated into passenger cars and commercial vehicles. On the basis of component type, the market has been classified into electric compressors, heat exchanging equipment, expansion valves, and receiver-drier. By region, the market has been grouped into North America, Europe, Asia Pacific, and the Rest of the World.
Sanden Holdings Commences Automated Production of Electric Compressors
In January 2021, Japan-based Sanden Holdings Corporation announced the commencement of automated mass production of electric compressors at its Gunma plant to support advancements in electric vehicle HVAC technologies. The plant has an annual production capacity of 750,000 units and the company has managed to achieve 75% automation on this assembly line. The new automated systems are also equipped to perform sophisticated quality control operations, such as image analysis and image detection using 3D
Hanon Systems Strengthens Automotive Condenser Portfolio
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SEOUL, South Korea, May 7, 2021 /PRNewswire/ Global automotive supplier Hanon Systems (KS: 018880) today announced it has completed the acquisition of condenser business from Keihin Corporation for certain operations in Europe and North America. This strategic acquisition expands our ability to supply automakers with condenser technology and further diversifies the customer base of Hanon Systems, said Nurdal Kücükkaya, representative executive officer and president of Hanon Systems. Condensers continue to be an important heat exchanger technology in automotive thermal management to support conventional and electrified vehicles.
[INTERVIEW] McKinsey advises PEFs to be wary of minority shareholders, supply chain issues
Posted : 2021-05-05 11:19
Updated : 2021-05-05 13:57 McKinsey & Company Senior Partner Richard Lee speaks during an interview with The Korea Times at The Plaza Seoul, April 19. Courtesy of McKinsey & Company
This article is the third in a series of interviews with ESG experts intended to make suggestions for Korea s financial, industrial and public sectors to come up with better ESG strategies for sustainable growth. ― ED.
Senior partner explains concerns of global investors
By Park Jae-hyuk
Domestic private equity firms (PEFs) have not been an exception among Korean companies that are emphasizing environmental, social and corporate governance standards (ESG) as their core management strategy for this year, as they speed up efforts to follow their foreign peers that have already established investment guidelines to take ESC into account.
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LONDON, April 29, 2021 /PRNewswire/ In a recent research report, Fairfield Market Research suggests that the global automotive battery thermal management system (BTMS) market is set to observe a highly promising growth outlook in the near future.
Over the forecast period 2021–2026, automotive BTMS market size will expand at a staggering CAGR of nearly 36%, projects the report. While the market valuation registered in 2020 roughly equated US$666 Mn, the critical functional role of automotive battery thermal management systems in electric vehicles (EVs) will account for an ascending demand pattern over the course of forecast study.
For more insights into the Market, Request a Sample of this Report: https://www.fairfieldmarketresearch.com/report/automotive-battery-thermal-management-system-market/
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