WOOSU AMS is an automotive parts manufacturer established in 1983, primarily focusing on internal combustion engine components such as transmissions, engines, and chassis. The company is expanding its business into electric vehicle and hybrid vehicle parts, with aluminum die-casting based lightweight technology as a core competency. Through its subsidiary, Woosu TMM, it is pursuing evolution into e-mobility drive solutions for UAM and electric boats. It maintains a stable business structure by supplying key components to global automotive clients both domestically and internationally. The company is a technology-driven enterprise actively responding to changes in the future mobility market.WOOSUAMSisanautomotivepartsmanufacturerestablishedin1983,primarilyfocusingoninternalcombustionenginecomponentssuchastransmissions,engines,andchassis.Thecompanyisexpandingitsbusinessintoelectricvehicleandhybridvehicleparts,withaluminumdie-castingbasedlightweighttechnologyasacorecompetency.Throughitssubsidiary,WoosuTMM,itispursuingevolutionintoe-mobilitydrivesolutionsforUAMandelectricboats.Itmaintainsastablebusinessstructurebysupplyingkeycomponentstoglobalautomotiveclientsbothdomesticallyandinternationally.Thecompanyisatechnology-drivenenterpriseactivelyrespondingtochangesinthefuturemobilitymarket.
Key Products/TechnologiesKeyProducts/Technologies
Key product groups include internal combustion engine components such as steering parts, drive parts, engine brackets, chassis parts, and transmission parts. The company has completed development of a 2-speed transmission system for electric vehicles and an integrated drive module combining motor, inverter, and 2-speed transmission. It supplies 19 items, including differential assemblies, motor covers, and inverter housings, for Hyundai Motor Group's hybrid and electric vehicle models. Through its subsidiary, Woosu TMM, it is developing ultra-small electric vehicle components, the Woosu Air Propulsion System (WAPS) for aviation, UAM propulsion system motors and inverters, and electric boat/yacht motors and inverters.Keyproductgroupsincludeinternalcombustionenginecomponentssuchassteeringparts,driveparts,enginebrackets,chassisparts,andtransmissionparts.Thecompanyhascompleteddevelopmentofa2-speedtransmissionsystemforelectricvehiclesandanintegrateddrivemodulecombiningmotor,inverter,and2-speedtransmission.Itsupplies19items,includingdifferentialassemblies,motorcovers,andinverterhousings,forHyundaiMotorGroup'shybridandelectricvehiclemodels.Throughitssubsidiary,WoosuTMM,itisdevelopingultra-smallelectricvehiclecomponents,theWoosuAirPropulsionSystem(WAPS)foraviation,UAMpropulsionsystemmotorsandinverters,andelectricboat/yachtmotorsandinverters.
Core technologies include aluminum die-casting, utilizing high-vacuum high-pressure casting methods for lightweight component production. It possesses technology to manufacture parts that are 47% lighter than traditional steel. Plastic injection molding technology and precision machining and mass production capabilities are also strengths. Subsidiary Woosu TMM has successfully localized key components for ultra-small electric vehicles, including motors, inverters, and sensors. It holds integrated systemization technology for motors, inverters, and sensors. Capabilities for developing Axial Flux Motors and high-performance inverters are also established.Coretechnologiesincludealuminumdie-casting,utilizinghigh-vacuumhigh-pressurecastingmethodsforlightweightcomponentproduction.Itpossessestechnologytomanufacturepartsthatare47%lighterthantraditionalsteel.Plasticinjectionmoldingtechnologyandprecisionmachiningandmassproductioncapabilitiesarealsostrengths.SubsidiaryWoosuTMMhassuccessfullylocalizedkeycomponentsforultra-smallelectricvehicles,includingmotors,inverters,andsensors.Itholdsintegratedsystemizationtechnologyformotors,inverters,andsensors.CapabilitiesfordevelopingAxialFluxMotorsandhigh-performanceinvertersarealsoestablished.
Core AdvantagesCoreAdvantages
Extensive experience and accumulated technology are core competitive strengths. Since its establishment in 1983, the company has focused on automotive parts manufacturing for over 40 years, securing high quality reliability in precision machining and mass production.Extensiveexperienceandaccumulatedtechnologyarecorecompetitivestrengths.Sinceitsestablishmentin1983,thecompanyhasfocusedonautomotivepartsmanufacturingforover40years,securinghighqualityreliabilityinprecisionmachiningandmassproduction.
Aluminum die-casting based lightweight technology is a crucial competitive advantage in the electric vehicle era. High-vacuum high-pressure casting methods and the acquisition of 2,700-ton large casting machines enable the production of various sizes of lightweight components.Aluminumdie-castingbasedlightweighttechnologyisacrucialcompetitiveadvantageintheelectricvehicleera.High-vacuumhigh-pressurecastingmethodsandtheacquisitionof2,700-tonlargecastingmachinesenabletheproductionofvarioussizesoflightweightcomponents.
Successful transition of its electrification business portfolio. Through the acquisition of subsidiary Woosu TMM, the company has expanded its business into various e-mobility sectors like UAM and electric boats, beyond just EV parts, securing future growth engines.Successfultransitionofitselectrificationbusinessportfolio.ThroughtheacquisitionofsubsidiaryWoosuTMM,thecompanyhasexpandeditsbusinessintovariouse-mobilitysectorslikeUAMandelectricboats,beyondjustEVparts,securingfuturegrowthengines.
Establishment of a global production and supply network. Operating overseas production bases in Chennai, India, and Ostrava, Czech Republic, allows for effective response to global customer demands. Exploration of entry into Mexico is underway to expand into the North American market.Establishmentofaglobalproductionandsupplynetwork.OperatingoverseasproductionbasesinChennai,India,andOstrava,CzechRepublic,allowsforeffectiveresponsetoglobalcustomerdemands.ExplorationofentryintoMexicoisunderwaytoexpandintotheNorthAmericanmarket.
Strong partnerships with major clients. Long-term supply of core components to global automotive manufacturers, including Hyundai and Kia Motors, provides a stable revenue base. A 490 billion KRW long-term supply contract for hybrid and electric vehicle components with Hyundai Motor Group is in place.Strongpartnershipswithmajorclients.Long-termsupplyofcorecomponentstoglobalautomotivemanufacturers,includingHyundaiandKiaMotors,providesastablerevenuebase.A490billionKRWlong-termsupplycontractforhybridandelectricvehiclecomponentswithHyundaiMotorGroupisinplace.
Target IndustrieTargetIndustrie
Automotive Industry: Supply of steering, drive, transmission, engine, chassis components, and key EV parts across all vehicle types, including internal combustion engine vehicles, hybrid vehicles, and electric vehicles.AutomotiveIndustry:Supplyofsteering,drive,transmission,engine,chassiscomponents,andkeyEVpartsacrossallvehicletypes,includinginternalcombustionenginevehicles,hybridvehicles,andelectricvehicles.
E-mobility Industry: Application of drive solutions in various electrified mobility sectors spanning land, sea, and air, such as ultra-small electric vehicles, Urban Air Mobility (UAM), drones, tractors, two-wheelers, electric boats, and ships.E-mobilityIndustry:Applicationofdrivesolutionsinvariouselectrifiedmobilitysectorsspanningland,sea,andair,suchasultra-smallelectricvehicles,UrbanAirMobility(UAM),drones,tractors,two-wheelers,electricboats,andships.
Defense Industry: Exploration of applying motors and inverters in the defense sector.DefenseIndustry:Explorationofapplyingmotorsandinvertersinthedefensesector.
Logistics and Construction Machinery Industry: Plans for business expansion into logistics and construction machinery sectors through the establishment of an electrified system mass production system.LogisticsandConstructionMachineryIndustry:Plansforbusinessexpansionintologisticsandconstructionmachinerysectorsthroughtheestablishmentofanelectrifiedsystemmassproductionsystem.
Major MarketsMajorMarkets
IndiaIndia
Czech Republic, SpainCzechRepublic,Spain
United States (exploring entry), Mexico (exploring entry)UnitedStates(exploringentry),Mexico(exploringentry)
Certifications/PatentsCertifications/Patents
Registration of '2-speed transmission system technology patent for electric vehicles'Registrationof'2-speedtransmissionsystemtechnologypatentforelectricvehicles'
Registration of 'integrated drive module design patent for electric vehicles'Registrationof'integrateddrivemoduledesignpatentforelectricvehicles'
Patent application for 'cooling structure in tail rotor with axial flux motor' (related to aviation-specific propulsion system WAPS)Patentapplicationfor'coolingstructureintailrotorwithaxialfluxmotor'(relatedtoaviation-specificpropulsionsystemWAPS)
Possession of core component technologies for motors, inverters, and sensors through localized development of ultra-small electric vehicles.Possessionofcorecomponenttechnologiesformotors,inverters,andsensorsthroughlocalizeddevelopmentofultra-smallelectricvehicles.
Holding integrated systemization technology that links motors, inverters, and sensors.Holdingintegratedsystemizationtechnologythatlinksmotors,inverters,andsensors.
Development of high-efficiency permanent magnet motors and air-cooled motor technologies.Developmentofhigh-efficiencypermanentmagnetmotorsandair-cooledmotortechnologies.
Introduction
Location
62 Wollim-ro, Seongsan-gu, Changwon-si, Gyeongsangnam-do, South Korea
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Information
62 Wollim-ro, Seongsan-gu, Changwon-si, Gyeongsangnam-do, South Korea