Official Launching of HL Klemove Specializing in Autonomous Driving for Cars
HL Klemove announced its official establishment on the 2nd and its ambitions to accelerate the beginning of an era of fully autonomous driving.
President Pal-ju Yoon stated in his establishment speech on this day that “the convergence of HL Klemove’s autonomous driving recognition and judgment technologies and Mando’s autonomous driving control and EV solution technology have led to differentiated autonomous driving technology expertise”, adding “we will move up the beginning of the era of fully autonomous driving for ‘the safest mobility’ of the public”. HL Klemove was integrated with Mando Mobility Solutions (MMS), a corporate spin-off from Mando and appointed President Pal-ju Yoon as the first representative director.
Based on the experience of securing over 2,000 autonomous driving technology patents to date and providing over 20 million ADAS products to different customers, HL Klemove is preparing its second growth by focusing on developing cutting-edge autonomous driving products. HL Klemove plans to complete commercialization of key products for fully autonomous driving including lidar, 4D imaging radars, high-resolution cameras, in-vehicle passenger detection sensors, integral high-function autonomous driving control units until 2025 and aggressively expand business home and abroad to achieve sales of 1.2 trillion won this year, 2.4 trillion won in 2026, and 4 trillion won in 2030.
HL Klemove’s lidar, 4D imaging radar and cutting-edge sensing products will be used for not only autonomous driving but smart cities and robotics as well. Level 3 high-function autonomous driving control unit (ADCU) will be launched next year. Furthermore, autonomous driving recognition and judgment technologies will be converged with Mando’s chassis control technology to develop the safest fully autonomous driving solution.