Daeyu AP Begins Mass Production of Steering Wheels for Kia Electric Vehicle 'EV6'
[Asia Economy Reporter Kim Heung-soon] Daeyu AP, a subsidiary of Daeyu Winia Group, announced on the 8th that it has started mass production of steering wheels for Kia's EV6, following Hyundai Motor Company's Ioniq 5.
Daeyu AP is the leading company in the domestic automobile steering wheel market share. Last year, it was selected as the supplier of steering wheels for next-generation electric vehicle models by Hyundai Motor Company and Kia.
Daeyu AP has been mass-producing and supplying the steering wheels for Hyundai's dedicated electric vehicle Ioniq 5, which created a sensation with over 40,000 pre-orders, since March. The steering wheel used in the Ioniq 5 features a D-cut shape without the Hyundai emblem, equipped with drive mode buttons and a regenerative braking lever, and applies an electronic shift dial.
Additionally, having been selected as the steering wheel supplier for Kia EV6, scheduled for release in July, the company has started full operation of its factory to ensure smooth delivery. The steering wheel used in the EV6 adopts the new Kia logo for a sophisticated look and applies a drive mode selection button to enable performance driving.
Hot Picks Today
"Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- While All Eyes Were on Samsung and Hynix, This Company Surged 50% to New Highs in Four Days [Weekend Money]
- "Now Our Salaries Are 10 Million Won a Month" Record High... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- "150 Trillion-Won National Growth Fund Launches... Construction Stocks Stir Again" [Weekend Money]
- Experts Already Watching Closely..."Target Price Set at 970,000 Won" Only Upward Momentum Remains [Weekend Money]
Daeyu AP's sales in the first quarter of this year increased by 14% compared to the same period last year. Operating profit also grew by 28% during the same period. Lee Seok-geun, CEO of Daeyu AP, said, "We will continue to develop the highest quality products to firmly maintain our No. 1 market share position in the domestic steering wheel sector and satisfy more customers and consumers."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.