Seojin Automotive

Seojin Automotive signed a 77.5 billion KRW supply contract for reducers for electric vehicle parts.

Seojin Automotive signed a 77.5 billion KRW contract with DPICO to supply reduction gear packages for electric vehicle parts, with a contract period from May 11, 2021 to May 11, 2026.

Seojin Automotive announced on June 7, 2019, that it will establish a 50:50 joint venture with Tata Autocomp Systems Limited in India, with an investment of 4.2625 billion KRW, to target the Indian automotive parts market and expand overseas.

Seojin Automotive signed an MOU with Tata AutoComp System Limited (TACO) on June 27, 2017, to establish a joint venture in India. The JV will develop and manufacture transmission clutches and parts for the Indian OEM and aftermarket.