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Deokyang Industry announced it won a contract from Hyundai Motor to supply door trims for the NX5 project (next-generation Tucson SUV), with total supply of 1.5 million units over 7 years from 2026 to 2033, valued at approximately KRW 600 billion.
Deokyang Industry signed a contract with Kia on August 18, 2023 to supply Door Trims for the new SW model (project name), an electric PBV vehicle. The supply will run from July 2025 to July 2035, with total sales estimated at KRW 500 billion.
Deokyang Industry, a first-tier supplier to Hyundai Motor, has signed a contract to supply cockpit modules for the Ioniq 5 electric vehicle based on the E-GMP platform. The contract is valued at approximately KRW 1.6 trillion over six years.