Mando announces strategy to advance into specialized ‘EV Solutions’ and ‘Autonomous Driving’ companies path for achieving 9 trillion KRW revenue by 2025
SEOUL, South Korea, June 9, 2021 /PRNewswire/ — Mando, a subsidiary of Halla Group, has newly announced its vision to achieve 9 trillion KRW in revenue by 2025 through advancing into two core businesses, ‘EV Solutions (electrified chassis products and with new xEV related businesses)’ and ‘Autonomous Driving (ADAS & mobility solutions)’. The key strategies are 1) Existing Co. (Mando) will grow as a highly-focused EV solutions company through chassis (brake, steering, suspension) electrification, and 2) New Co. (MMS) will split-off from Mando and position as a ‘specialized autonomous driving & mobility company’.