Sewon Expands Supply of Battery Chiller Parts, Key Components for Electric Vehicles
[Asia Economy Reporter Yoo Hyun-seok] Seowon, a specialized company in automotive air conditioning system parts, announced on the 13th that it will expand the supply of Battery Chiller parts to six Ford electric vehicle models this year.
The Battery Chiller is a cooling component that cools the heat generated from electric vehicle batteries to improve energy efficiency and battery performance. The battery thermal management system is considered a key component in electric vehicle development because it directly affects the maximum driving range and driving efficiency of electric vehicles.
Seowon currently supplies eight types of Battery Chiller brackets to four Ford electric vehicle models through a global module company. The supply amount last year was approximately 800 million KRW. This year, it plans to supply 11 types of parts to six Ford electric vehicle models, increasing the supply amount to about 2 billion KRW, more than double that of last year.
A Seowon official stated, “In addition to Ford and Hyundai Kia Motors, we supply some products in small quantities to Tesla and are focusing on expanding the applicable models and parts to GM, BYD, and others by securing reliability. As the profitability of eco-friendly vehicle parts such as electric and hydrogen vehicles is high, related orders have significantly increased this year, and overall profitability is expected to continuously improve.”
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Meanwhile, Seowon will supply electric vehicle header condensers worth a total of 4 billion KRW annually to Hyundai Kona EV, Ioniq EV, and Kia Niro EV models this year. The header condenser is a core air conditioning system component that accounts for about 42% of Seowon’s total sales. According to the company, the supply of parts for electric vehicles is increasing due to the growth of global electric vehicle manufacturers such as Tesla and Hyundai Kia Motors.
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