Korea & Company Selected as '2021 GM Supplier of the Year'
[Asia Economy Reporter Hyunseok Yoo] Hankook & Company announced on the 25th that it has been selected as GM's '2021 GM Supplier of the Year,' a global automobile brand.
Hankook & Company was newly launched as a business holding company after merging with 'Hankook AtlasBX' in April last year. In its business division, it operates the Hankook and AtlasBX brands for automotive and industrial lead-acid batteries. It provides services to approximately 300 customers in about 120 countries worldwide.
Based on 78 years of battery technology and quality competitiveness, Hankook & Company strengthened its partnership with GM and was selected as Supplier of the Year. This marks the fifth time since 2016 that the company has won the Supplier of the Year award, a remarkable achievement. It was recognized as a leading smart energy solutions company.
The Supplier of the Year awards ceremony, held annually since 1992 and celebrating its 30th anniversary this year, is an event where GM selects outstanding suppliers worldwide who have created innovative and exceptional value among its automotive parts suppliers. Suppliers are selected through a comprehensive evaluation covering quality, logistics, supply chain, and other aspects. This year, based on 2021 performance, a total of 134 companies from 16 countries worldwide received the award.
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Going forward, Hankook & Company plans to lead the discovery of new businesses to strengthen new growth engines as a holding company, along with continuously enhancing competitiveness in the battery business.
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