Mando Produces 50 Million Electric Power Steering Units
At the EPS 50 million units breakthrough celebration held on the 12th, Cho Sung-hyun, President of Mando (fourth from the left in the front row), and others are taking a commemorative photo.
[Asia Economy Reporter Choi Dae-yeol] Mando announced on the 15th that its cumulative production of Electric Power Steering (EPS) has surpassed 50 million units. As a core component of the driving system that changes the vehicle's direction using a motor, it was independently developed in 2003 and began mass production at the Wonju plant the following year, marking 18 years of production.
Earlier, in the early 1990s, the company developed hydraulic power steering to replace manual steering. In the 2000s, it switched to an electric driving system. When developed in 2003, it was also the first in Korea. Currently, the company operates factories in Korea, China (Suzhou), the United States (Georgia), India (Chennai), and Mexico (Saltillo) to produce EPS. In May of this year, the Georgia plant in the U.S. surpassed 50 million units produced.
The independently developed EPS product lineup is also diverse. It varies according to vehicle characteristics, including the 1st generation column type, 2nd generation dual pinion, and rack types. The current main product is the rack type. The next-generation EPS integrates the 1st and 2nd generation rack types into a system where the upper vehicle component connects to the steering wheel and the lower part fits between the wheels. Combining the two products that communicate via signals, it is called the freely mountable advanced driving system (SbW). It is scheduled to be unveiled worldwide for the first time this November.
At the ceremony celebrating the 50 million unit milestone held on the 12th, company officials including Mando President Cho Sung-hyun, labor union and partner company representatives, Wonju Deputy Mayor Jo Jong-yong, and Halla University President Kim Eung-kwon attended. President Cho said, "The cutting-edge solution SbW will accelerate achieving 100 million EPS units produced in the future."
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