"It is a great honor that GM has awarded us the Supplier of the Year Award for three consecutive years," said Steve (Seong-hyeon) Cho, president and CEO of HL Mando.
SEOUL, South Korea, March 31, 2023 /PRNewswire/ -- HL Mando, a company specializing in autonomous driving solutions for electric vehicles, has been named "Supplier of the Year 2022 (SOY)" by General Motors Company (GM) . The company has received this honor three years in a row, beginning with winning the "Launch Excellence Award" in 2020.
The 31st SOY 2022 ceremony took place on March 23, 2023 (local time) in San Antonio, Texas, where 107 vendors from 10 countries, including HL Mando America, attended and received the SOY award. The SOY Award is given to outstanding partner companies within the top 1% of all GM suppliers that are selected annually from more than 20,000 suppliers from around the world. Senior President and CEO Steve (Seong-hyeon) Cho of HL Mando, Vice President Yun Lee (Head of HL Mando Americas Region), CEO Jason (Jae-hyuk) Kim (President of HL Mando America Novi ), and Director Jeff Pontius (Director of Engineering for HL Mando America Brake R
HL Mando has won the SOY Award nine times in total since 2003. Despite the extremely difficult COVID-19 pandemic and semiconductor supply shortage in 2020, HL Mando has persevered to win the SOY Award for three consecutive years. In 2022, HL Mando received top scores both in terms of business performance (defect-free product launch, product supply, and quality maintenance) and cultural priorities (safety and communication and transparency).
"We are delighted to recognize these outstanding suppliers after another challenging year in the automotive industry," said Jeff Morrison, GM vice president of Global Purchasing and Supply Chain. "They overcame countless obstacles and exemplified what it means to be resilient, resourceful and determined. Beyond that, these suppliers demonstrated their commitment to sustainable innovation and driving advanced solutions in collaboration with the GM team."
CEO Steve Cho also expressed his gratitude during the ceremony: "It is a great honor that we have received the GM SOY Award in such difficult times. I would like to send my gratitude to all members of our union and to branches and affiliates throughout the world who have worked together to make us who we are today."
About HL Mando
HL Mando Corporation (KS 204320) is a leading global provider of automotive parts, specializing in xEV and autonomous driving solutions with an A rating on MSCI ESG Ratings (2021). The company was founded in 1962 and is headquartered in the Republic of Korea. HL Mando offers state-of-the-art driving systems (brake, steering, suspension, drive and power solutions) together with software solutions for vehicle manufacturers and new mobility service providers in three technology areas of integrated vehicle safety, autonomous driving and electric mobility that allow vehicles to intuit, deliberate and move intelligently. HL Mando serves more than sixty (60) customers from more than 50 locations worldwide, including local and global auto manufacturers from all major regions of the world. HL Mando pursues the vision of creating a world where mobility can bring true freedom. For more information, visit [www.hlmando.com]
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