HL Klemove expedites global localisation strategy for autonomous driving solutions.
Auto Business News-July 19, 2022--HL Klemove expedites global localisation strategy for autonomous driving solutions
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Auto Business News - 19 July 2022
HL Klemove, an autonomous driving solution subsidiary of South Korea-based auto component manufacturer Mando Corporation, is expediting its global localisation strategy for future autonomous driving solutions.
The company laid foundation of its R&D centre in Bengaluru, India last March. It has also founded a corporation in Mexico in May, subsequent to another R&D centre in Suzhou, China on July 1. It has bases in Korea, India, China, and Mexico and intends to reach total sales of USD2.1bn in 2026 and USD3.5bn in 2030.
The firm's strategy is to offer customised autonomous driving total solutions. The main aim of its strategy is localisation of R&D and establishing a complete range of ADAS products. The R&D headquarter located in Pangyo, Korea heads the advanced research and development for Lidar, 4D imaging radar, high-resolution camera and integrated domain control unit. The...
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