Mando "The Only Domestic Auto Industry Company" MSCI ESG Rating A Grade

Mando's EV Electric Chassis Integrated Platform

[Asia Economy Reporter Changhwan Lee] Mando announced on the 5th that it received an 'A grade' in the 2021 Morgan Stanley Capital International (MSCI) Environmental, Social, and Governance (ESG) evaluation, recognizing its eco-friendly growth values such as 'Chassis Clean Tech.' The company emphasized that Mando is the only domestic automotive company to receive an A grade.

Mando's Chassis Clean Tech refers to advanced eco-friendly technologies applied across electric chassis components of vehicles. Mando is expanding the application of eco-friendly electric chassis parts to various electric vehicle specialists including Hyundai Motor, Kia, GM, Ford, and Volkswagen.

The 'freely mountable advanced driving system (SbW),' which won the Innovation Award at this year's Consumer Electronics Show (CES) in the United States, is a representative product of Clean Tech. SbW is an advanced driving system equipped with convenience features such as Auto Stow, which allows the steering wheel to be stored like a drawer and pulled out when needed.

Based on eco-friendly electric chassis technology, Mando plans to develop an integrated chassis module (ECM) by 2025, which integrates brakes, steering, and suspension into one system.

Mando expects chassis division sales to reach 7.4 trillion KRW by 2025, based on consolidated sales, which is a 40% increase compared to this year's 5.2 trillion KRW, according to the company.

Joseonghyun Cho, Mando's CEO, stated, "The ultimate goal of promoting Chassis Clean Tech is the popularization of eco-friendly mobility," and emphasized, "In the future, Mando's integrated electric chassis platform will lead sustainable growth by driving EV production innovation, achieving a win-win with customers in an eco-friendly environment."

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