Kodako to Mass-Produce and Supply Electric Vehicle Parts to Ford via BorgWarner Mexico Plant

Expansion of Electric Vehicle Parts Supply to Hyundai, Kia, GM, Tesla, etc. through Hanon Systems, LG Electronics, and Mando

[Asia Economy Reporter Hyungsoo Park] Kodaco, an aluminum die-casting automotive parts supplier, announced on the 22nd that it will begin mass production and supply of battery electric vehicle parts through Borg-Warner starting at the end of this month.

The target model is Ford's new battery electric vehicle (BEV), and the main supplied products are five types: housing case, housing end cover, cover gear, housing support, and bracket, which will be supplied through Borg-Warner's Mexico plant. Mass production will begin 1 year and 5 months after the supply contract was signed in January last year.

In Kwi-seung, CEO of Kodaco, said, "There were many difficulties due to the suspension of stock trading over the past year," but added, "This achievement is meaningful as it was accomplished after continuous development with the belief that normalization would definitely be possible."

He also expressed confidence, saying, "Development is also underway for orders from various customers," and "Continuous performance improvement will be achieved going forward."

Kodaco has focused on developing eco-friendly automotive parts such as hybrid and electric vehicles and establishing a supply system for several years. Through Hanon Systems, it supplies electric compressors for Hyundai and Kia electric vehicles. It also supplies GM's OBCM (On Board Charger Module) and electric compressors through LG Electronics, as well as Tesla and GM electric vehicle steering parts through Mando. The supply volume related to eco-friendly vehicles is gradually increasing in line with the expansion of the eco-friendly vehicle market.

This content was produced with the assistance of AI translation services.