On July 21, Gabriel India announced that it will acquire a 28.99% stake in HL Mando Anand India Private Limited (HMAI) from its promoter, Asia Investments Private Limited (AIPL). The acquisition involves 48.1 million fully paid-up equity shares.
Gabriel said the consideration will be paid through a mix of cash and sh
South Korea's HL Mando Corporation signed a Memorandum of Understanding (MOU) with Autonomous a2z Inc., a South Korean autonomous driving startup, to develop controlling technology for autonomous driving vehicles. Under the agreement, the two companies plan to work on the integrated development of control technology
HL Klemove, an autonomous driving solution business subsidiary of HL Mando Corporation in South Korea, announced that it reached a business agreement with the Korea Automobile Research Institute on the technical partnership for next-generation mobility and the establishment of ecosystems for the innovation industry.
Several South Korean media sources reported that South Korea’s HL Group had signed a business agreement with South Korea’s Hana Bank and the Korea Trade Insurance Corporation regarding a cooperative export financing support package. The package will be prepared to assist automotive parts makers facing US tariffs, and
South Korea’s HL Mando Corporation reported that the company was named the 2024 Supplier of the Year by a US automaker, General Motors Company. The award recognized the electric parking brakes that the company supplies to GM. The products are manufactured at HL Mando’s plant in Alabama, the U.S. The company is a 5-ti
LG Chem Ltd. and HL Mando Corporation, South Korea’s electric vehicle (EV) solution specialist, agreed to join forces in developing adhesives for automotive electronic components. LG Chem will conduct joint project development and application testing with HL Mando on thermal gap fillers for advanced driver assistance
HL Mando Corporation announced that its joint venture with a Chinese automotive parts manufacturer, Tianrun Industry Technology Co., Ltd., was officially established.
The new joint company, Tianrun HL Mando (Shandong) Automotive Technology (Tianrun HL Mando), will produce and sell electric steering for commercial veh
At the CES 2024, HL Mando Corporation (HL Mando) announced a new partnership with Amazon Web Services, Inc. (AWS) in the mobility software business.
HL Mando unveiled its all-new mobility software solution, MiCOSA, for the first time and announced its entry into the automotive software market. The company is expandin
HL Mando announced it is investing USD 185.3 million to expand its facilities in Arteaga, Coahuila, Mexico, where it will reach a total of 1,980 jobs and will now produce state-of-the-art brake products. The new plant will be part of its campus located in the Server Industrial Park and consist of a 5.7 hectare buildi
South Korea's HL Mando Corporation (HL Mando) announced that it has agreed to expand cyber security technology cooperation with Argus Cyber Security Ltd. (Argus Cyber Security), an Israeli company. Based on the agreement, HL Mando will use Argus's decryption security system for brakes, steering, and other electric sy
South Korea’s HL Group announced that it will participate in the CES 2023, a technology show in January 2023 in Las Vegas, the U.S. HL Mando, an electric vehicle (EV) solution specialist, will set up a booth centered on e-corner modules, which are electrification systems that integrate brakes, steering, suspension an
HL Mando, and Argus Cyber Security signed a memorandum of understanding (MOU) to bolster the cyber security capabilities of HL Mando. The partnership between the companies will strengthen HL Mando’s cyber security capabilities, helping to keep vehicles safe from cyber-attacks and to ensure compliance with new global
Several South Korean media sources reported that the Halla Group announced that it will change its name to HL Group as it celebrates its 60th anniversary. Also, the group's holding company, Halla Holdings, will be renamed HL Holdings, while the names of its major affiliate auto parts maker, Mando Corporation (Mando),
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