Korea's Auto Industry - Today and Tomorrow - Invest Korea
Korea's Auto Industry - Today and Tomorrow - Invest Korea
Korea's Auto Industry - Today and Tomorrow - Invest Korea
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Sector<br />
Energy<br />
Environment<br />
Advanced technology<br />
Joint tasks<br />
Goals of the Future Car Development Project<br />
3. <strong>Korea</strong>n <strong>Auto</strong> Manufacturers<br />
Final target technologies<br />
Technology securing CO2 exhaust 70g/km<br />
-High efficiency engine, Light-weight, Fuel battery<br />
Core technologies of extremely low pollution-generated<br />
mid & small-sized car (Euro-V requirements)<br />
- Catalyst, recycle, alternative fuel engine technologies<br />
ASV (Advanced Safety Vehicle) / Telematics-related<br />
system technology<br />
-Sophisticated electronics parts, Simulation design<br />
system technology<br />
Development of 100km/2l-level pilot car<br />
-Development of basic technology integrating the<br />
energy, environment <strong>and</strong> advanced system.<br />
<strong>Korea</strong>n auto manufacturers, as of 2005, comprise Hyundai Motor Company, Kia Motors Corp,<br />
GM Daewoo <strong>Auto</strong> & Technology, SsangYong Motor Company <strong>and</strong> Renault Samsung Motors.<br />
Hyundai Kia Motors<br />
The nation’s largest auto manufacturer, with employees numbering 80,000 <strong>and</strong> total assets<br />
valued at KRW21 trillion, has grown to become a world-renowned automaker.<br />
Its domestic production reached more than 3 million annually, <strong>and</strong> its long-term strategy is to<br />
establish facilities abroad with manufacturing capacity in excess of 2 million units.<br />
Manufacturing facility of Hyundai-Kia Motors<br />
Hyundai s Ulsan factory is the world’s largest single auto-making factory, with five<br />
independent production lines covering a 5 million m area, manufacturing 1.6 million cars<br />
annually. It is the nation’s largest car production base, representing the <strong>Korea</strong>n auto industry.<br />
Hyundai s Asan factory This state-of-the-art factory focuses on strategic export market cars<br />
built in an area covering 1,815,000m , with a total floor area of 660,000m pyeong to
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