Hyundai Transys Inc. - Seongyeon Plant (Formerly Hyundai Dymos, Inc.)
Company Profile
■URL
https://www.hyundai-transys.com/
■Address
Business Overview
-A supplier of powertrains and seats under the Hyundai/Kia Motor Group. It was established in 2019 through the merger of the former Hyundai Dymos, which manufactured ATs, and the former Hyundai Powertech, which manufactured MTs and seats.
-The business is divided into a powertrain division and a seat division. The powertrain division accounted for 62% of sales, and the seat division accounted for 38% in the fiscal year ended December 2024.
-Market share in Korea (self-reported by the Company)
Market Share | |||
FY ended Dec. 31, 2024 | FY ended Dec. 31, 2023 | FY ended Dec. 31, 2022 | |
Transmissions (commercial vehicles) | 18% | 34% | 37% |
Axles (commercial vehicles) | 73% | 77% | 77% |
Transmissions (passenger cars) | 64% | 70% | 70% |
Axles (passenger cars) | 26% | 39% | 43% |
Seats | 48% | 48% | 48% |
Shareholders
-Unlisted | (As of Dec. 31, 2024) |
Main Shareholder | Investment Ratio (%) |
Hyundai Motor Company | 41.1 |
Kia Corporation | 40.4 |
Hyundai Mobis Ltd. | 15.7 |
Total | 97.2 |
Products
Powertrain
Hybrid Drive System
-TMED-II
-e2AT
-Hybrid AT
-Hybrid DCT
Electric Drive System
-EDS
-Dual EDS
-Component
- GDU
- I-DAS
-Software
Transmission
-AT
-IVT
-DCT
-MT
Axle/4WD
-Independent Suspension Axle
-Rigid Axle
-e-Axle
-EST
-PTU
Seating
Complete Seat
-Type of vehicle equipped on: SEDAN
- Genesis
- G90
- G80
- G70
- Hyundai
- Grandeur
- Sonata
- Accent
- i30
- i20
- i10
- HB20
- Kia
- K9
- K3
- Rio
-Type of vehicle equipped on: SUV
- Genesis
- GV70
- Hyundai
- Santa Fe
- Stargazer
- Creta
- Custo
- i35
- Syros
- Venue
- Casper
- Kia
- Carens
- Mohave
- Sorento
- Sportage
- Soul
- Sonet
-Type of vehicle equipped on: EV
- Genesis
- G80 EV
- GV70 EV
- Hyundai
- IONIQ 9
- IONIQ 6
- IONIQ 5
- KONA EV
- Kia
- EV9
- EV6
- Rivian
- R1S
- R1T
- Lucid Motors
- Lucid Air
- Lucid Gravity
Structure & Mechanism
-Frame
-Slide Rail
-Recliner
-Pumping Device
Functional Component
-Ergo Motion Seat
-Dynamic Body Care Seat
-Thermal Comfort System
-Power Switch Module
Sustainable Seat Solution
-Sustainable Materials
History
Mar. 2001 | Incorporated. |
Feb. 2002 | Signed a technological collaboration contract with Jatco of Japan. |
Dec. 2002 | Obtained an ISO 14001 certificate. |
Jan. 2003 | Obtained an ISO/TS 16949 certificate. |
Oct. 2003 | Established the Driving Test Center. |
Nov. 2003 | Commenced producing the rear-wheel drive AT. |
Mar. 2005 | Completed building the R&D Center. |
Jun. 2007 | Established the Hwaseong R&D Center. |
Jun. 2008 | Established Powertech America, Inc. in Georgia, USA. |
Oct. 2008 |
Commenced producing the front-wheel drive 6-speed AT. |
Accumulative production of AT reached 5 million units. | |
Jan. 2009 | Obtained an ISO 27001 certificate. |
Jun. 2009 | Commenced producing the HEV-CVT. |
Dec. 2009 | Established the US factory. |
Sep. 2010 | Obtained a Quality 5 Star Certificate from Hyunda-Kia Group. |
Nov. 2010 | Established Hyundai Powertech (Shandong) Co., Ltd. in Shandong, China. |
Feb. 2011 | Commenced producing the rear-wheel drive 8-speed AT. |
Dec. 2011 | Accumulative production of AT reached 10 million units. |
Completed building the China plant. | |
Aug. 2012 | Commenced producing the Kappa-CVT. |
Sep. 2013 | Completed building the second China plant. |
Sep. 2014 | Established Hyundai Powertech Mexico S DE RL DE CV in Mexico. |
Apr. 2016 | Completed production plant in Nuevo Leon, Mexico. |
Jan. 2019 | Hyundai Dymos and Hyundai PowerTech merged to form Hyundai Transys |
Feb. 2020 | Established the Europe Technical Center |
Jul. 2020 | Established PT APM Hyundai Transys Indonesia. |
Oct. 2020 | Established a seat production plant in Illinois, USA. |
Nov. 2021 | Established a Europe Control Development Lab in Austria. |
Jul. 2022 | Established a seat production plant in Arizona, USA. |
Dec. 2022 | Established a seat production plant in Alabama, USA. |
Feb. 2023 | Established a production plant to manufacture seats in Savannah, Georgia, USA. |
Supplemental Information 1
The Hyundai Motor Group's Ratio of Shareholding in Automotive Companies |
(As of Dec. 31, 2024) |
Name of group company
Company in which the company holds shares |
Hyundai Motor |
Kia Corporation |
Hyundai Mobis |
Hyundai WIA |
Hyundai Transys |
Hyundai Kefico |
Hyundai Motor | - | 34.53% | - | 25.35% | 41.13% | 100.00% |
Kia Corporation | - | - | 17.66% | 13.44% | 40.43% | - |
Hyundai Steel | - | - | 5.92% | - | - | - |
Hyundai Mobis | 21.86% | - | - | - | 15.74% | - |
Hyundai GLOVIS | - | - | 0.71% | - | - | - |
Hyundai WIA | - | - | - | - | 1.88% | - |
Note: Numbers in parentheses ( ) in the text indicate negative figures that refer to declines or losses.
>>>Business Report FY ended Dec. 31, 2013
>>>Business Report FY ended Dec. 31, 2014
>>>Business Report FY ended Dec. 31, 2015
>>>Business Report FY ended Dec. 31, 2016
>>>Business Report FY ended Dec. 31, 2017
>>>Business Report FY ended Dec. 31, 2018
>>>Business Report FY ended Dec. 31, 2019
>>>Business Report FY ended Dec. 31, 2020
>>>Business Report FY ended Dec. 31, 2021
>>>Business Report FY ended Dec. 31, 2022
>>>Business Report FY ended Dec. 31, 2023