[KH explains] Why Korea has been so quick to adopt ‘global minimum tax’
Health services disrupted as mass walkout by trainee doctors approaches deadline
[Today’s K-pop] Karina of aespa is dating actor Lee Jae-wook: report
South Korea’s fertility rate drops to new low
[Chung Chan-seung] The collapse of trust: South Korea's true health care crisis
[Herald Interview] Rival heir to Kim Ju-ae unlikely to appear: unification minister
Russia sending North Korea food in return for arms: Seoul defense chief
University ranking hierarchy leads to wage gap later in life: study
US Navy secretary scouts Korean shipbuilders for fleet support
Interior minister renews calls for trainee doctors to return to work
Posco International supplies parts for Vietnam’s first EVBy Shin Ji-hye
Published : Oct. 13, 2020 - 13:04
Vinfast is Vietnam’s first automaker, with investment from Vietnamese conglomerate Vingroup. The halfshaft supplied to VinFast is a component that acts as a drive shaft in an electric vehicle. The product is to be supplied from next year, after detailed adjustment and testing, the firm said. The amount of supplies is equivalent to about 100,000 electric vehicles produced by VinFast.
“This order is to supply parts to VinFast’s first electric vehicle. By winning orders for electric vehicle parts, which are future strategic models, it laid the foundation for expanding businesses such as localization and investment in the future,” the firm said.
Erae AMS is a component manufacturer that specializes in producing automotive parts such as driving, braking and steering. It started cooperation with Posco International in 2011 and currently supplies driving parts to Fiat-Chrysler in North America through the trading firm.
“We are actively targeting the growing electric vehicle market by establishing an eco-friendly car group recently,” a Posco International official said. “We will continue to cooperate with small and medium-sized domestic companies to increase the supply of parts for eco-friendly cars.”
By Shin Ji-hye (email@example.com)
[KH Explains] What does Apple's dead car project mean for Samsung, Hyundai?
Yoon, Zuckerberg discuss AI, digital ecosystem in Seoul
Cho, Blinken pledge 'watertight' response to any NK provocations