‘Future Mobility and Future Cars’ Development Promotion … Ulsan City Supports Technology Development for Intelligent Electric Drive Core Components

Development of Advanced Mobility Parts, Consulting, and Provision of Advanced Equipment

Ulsan City Hall.

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongguk Lee] Ulsan City is set to actively promote the ‘Intelligent Electric Drive Core Component Technology Development Support Project’ to support technology development for future car intelligent electric drive mobility parts companies.

The ‘Intelligent Electric Drive Core Component Technology Development Support Project’ was selected in the ‘2022 Smart Specialization Foundation Establishment Project’ competition led by the Ministry of Trade, Industry and Energy. Ulsan City is jointly participating with the Electronics and Telecommunications Research Institute, Ulsan Technopark, Ulsan Information Industry Promotion Agency, and Ulsan National University.

The main project content involves establishing equipment such as automotive parts testing and verification systems (HILS, VILS) necessary for the design and performance testing of advanced automotive parts, and battery operating condition thermal shock testers in a dedicated space on the first floor of the Ulsan Science and Technology Promotion Center.

Here, advanced equipment will be provided to local automotive parts companies to facilitate the development of parts for advanced mobility such as eco-friendly vehicles (electric and hydrogen cars), autonomous vehicles, and urban air mobility (UAM).

The project aims to foster Ulsan automotive parts companies into future mobility parts development companies by building an internet-based corporate technology support platform and cultivating specialized personnel.

This year, the city has invested 662.5 million KRW and, as of September, has confirmed technology support for 14 companies. It is accepting participation applications aiming to provide more than 24 technology support cases by the end of the year.

Eligible applicants are small and medium-sized enterprises and mid-sized companies located in Ulsan, focusing on parts development in the eco-friendly automotive industry sectors such as hydrogen and electric vehicles, autonomous vehicles, and urban air mobility (UAM), and wishing to receive advanced parts manufacturing and technology support.

For companies applying for small-scale, field-centered research such as prototype production, in-kind and technical support ranging from 10 million to 40 million KRW will be provided to selected companies after review by an advisory evaluation committee.

If technology consultation (consulting) is needed for transitioning into advanced parts companies, including technology information provision, patent application, and technology introduction, experts from executing organizations such as the Electronics and Telecommunications Research Institute will provide immediate support.

Companies wishing to apply for technology support can refer to the ‘Project Announcement’ on the websites of Ulsan Technopark and Ulsan Science and Technology Promotion Agency or contact the relevant institution’s staff for detailed guidance.

Labor Director of Innovation Industry, Dongwan Noh, stated, “In order to timely respond to the rapid paradigm shift in the automotive industry and the establishment of an electric vehicle production system by Ulsan’s completed car companies, fostering core parts companies is necessary,” adding, “We will spare no support for the high value-added transformation of the automotive industry and technological innovation of related companies.”

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