SNT Heavy Industries and Tata Daewoo Commercial Vehicle have signed a business agreement for technical cooperation and joint project execution.

SNT Heavy Industries and Tata Daewoo Commercial Vehicle have signed a business agreement for technical cooperation and joint project execution.

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[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] SNT Heavy Industries and Tata Daewoo Commercial Vehicle have joined hands to carry out technological cooperation and joint projects.


On the 30th, SNT Heavy Industries announced that it signed a strategic partnership (MOU) with Tata Daewoo at Tata Daewoo's headquarters in Jeonbuk on the afternoon of the 29th.


The signing ceremony was attended by SNT CEO Park Jaeseok, Executive Director Park Youngyeol, Tata Daewoo CEO Kim Bangshin, and Seo Myeongsik, head of the Technology Research Institute.


The two companies will converge and integrate Tata Daewoo's commercial vehicle development technology with SNT's axle development technology to develop an electrified drivetrain (e-Drivetrain) for commercial vehicles and jointly carry out related projects while striving for commercialization.


Accordingly, they plan to pre-develop and mass-produce axles for diesel trucks and promote development to reinforce and apply them for electric vehicle axles (e-Axle) in the future.


They also agreed to cooperate in the development of power transmission devices (e-Powertrain) such as electrified drive systems (e-Drive system), reducers, motors, inverters, and controllers for commercial vehicles.


They will also join forces for the commercialization of electrified drivetrains for commercial vehicles through ▲real vehicle verification ▲acquisition of related certifications ▲engineer exchanges ▲and the development of technical ideas through regular technical meetings.


According to SNT, Tata Daewoo is targeting the eco-friendly truck market by expanding the market share of the recently launched ‘Ssen Lineup’.


To this end, they have officially started developing electric trucks, are expanding the small electric truck lineup, and plan to convert the current LNG lineup into a hydrogen electric lineup to simultaneously target the hydrogen truck market.


SNT stated that last year it signed strategic partnerships (MOU) with Hexagon, a global specialist in autonomous solutions, and VINSSEN, a specialist in eco-friendly ship manufacturing.


They explained that they are promoting the development of eco-friendly powertrains through technological convergence in transportation sectors such as land, air, and sea.


A Tata Daewoo official said, “We expect to develop higher quality eco-friendly trucks by utilizing SNT’s axle development technology and introduce them to domestic and overseas markets.”



An SNT official said, “Based on strategic partnerships with completed vehicle manufacturers including Tata Daewoo, we will actively expand our business in the eco-friendly commercial vehicle powertrain market.”


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

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