Hankook Tire is introducing an ESG (Environment, Social, Governance) committee to strengthen its Board of Directors’ responsibility and activities in the area of sustainable management. The ESG committee will be responsible for consulting, deliberating, and recommending directions regarding environmental, social and governance businesses.
Within the next few hours, production will recommence at Hankook Tire & Technology’s Geumsan plant in South Korea following a 48-hour pause that began on 24 July after a number of workers tested positive for Covid-19. Health authorities have set up a test centre at the plant and intend to test around 3,000 employees early this week.
Hankook Tire confirms that its tyres will be original equipment on Volkswagen’s first all-electric SUV, the ID.4. The tyre maker will supply its Hankook Ventus S1 evo 3 ev in numerous sizes from the vehicle’s market launch. OEM fitment on the ID.4 follows the pairing of prototype Hankook Ventus S1 evo 3 ev tyres with the VW study ID. Crozz, the design of which the new ID.4 is based on.
BMW M GmbH has selected Hankook Tire as an original equipment tyre supplier and is fitting the BMW X3 M and X4 M with the Hankook Ventus S1 evo Z; both models wear tweaked versions of the UUHP tyre in size 255/40 ZR21 102Y on the front axle and 265/40 ZR21 105Y at the rear. This is Hankook’s first partnership with BMW’s performance division, but it reports that “other tyres for M GmbH models are already in development.”
Hankook & Company Co., Ltd., the holding company of Hankook Tire & Technology Co., Ltd., has expanded its cooperation with the Korea Advanced Institute of Science and Technology (KAIST) through the signing of a memorandum of understanding with its College of Engineering. This latest MoU centres on the ‘Symbiotic Transformation for AI-infused Reality (STAR) Project’ and seeks to “build a data infrastructure platform and strengthen cooperation in researches for the post-AI age.” One potential outcome of this collaboration is that data will later be used in Hankook’s tyre research and development.
Hankook Tire has expanded its testing and development capacities in Europe with the commissioning of a new test centre in Spain. The facility, located some 40 miles southwest of Barcelona on the premises of the Applus+ IDIADA Group, will enable the tyre maker to “build on even more efficient and state-of-the-art, fully automated test logistics for European tyre development in the future.”
In April, Goodyear shared that the new Audi e-tron GT is available factory-fitted with a 21-inch version of its Eagle F1 Asymmetric 5. Hankook Tire reports it is also supplying original equipment tyres to Audi’s electric performance saloon; the Hankook Ventus S1 evo 3 ev will be fitted to the e-tron GT in size 225/55R19 XL 103Y on the front axle and 275/45R19 XL 108Y on the rear.
Hankook will act as main sponsor of the 2021 BBC Top Gear Global Electric Vehicle Awards, which recognise the best EVs across 12 different award categories, including EV of the Year, Best Hatchback, SUV, Estate, and Hypercar. This arrangement builds upon other EV-related engagements, such as Hankook Tire’s upcoming tyre supply to the ABB FIA Formula E World Championship, the world’s first and only all-electric street racing Formula series.
South Korean tyre maker Hankook has turned 80, and Hankook & Company Co., Ltd. is marking the occasion with the launch of a new long-term business portfolio. This portfolio, explains Hankook Tire & Technology’s holding company, will advance “new growth engines of the future.” Hankook & Company has also declared a renewed commitment to increase competitiveness and gain stronger leadership in the company’s core businesses.
Hankook Tire will work together with Hyundai Motor and Kia to develop intelligent services for consumables management based on the three companies’ data and technologies. This collaboration will take place under a Memorandum of Understanding that the companies sealed through a virtual signing ceremony yesterday.
Cho Hyun-bum is now the sole head of Hankook & Company, the holding company that oversees Hankook Tire & Technology and seven other affiliates. Older brother Cho Hyun-sik announced his resignation as vice-chairman in a letter to shareholders yesterday
Hankook Tire’s US subsidiary is working with advanced smart tyre technology and predictive data analytics company Revvo Technologies on a pilot programme that will integrate Hankook SmartFlex tyres with Revvo’s product suite to provide critical tyre-specific data. Data generated, such as real-time alerts, will benefit Junk King, North America’s top-rated eco-friendly junk removal and hauling company.
Solutions provided by Tableau Software are driving digitalisation within Hankook Tire. The tyre maker shares that thanks to Tableau’s data-driven analytics platform, it has gained “next-generation business intelligence.”
Hankook Tire has appointed Hyung Yun Kim managing director of its factory in Hungary. Kim succeeds Seong Hak Hwang, who has managed the Rácalmás production site since 2017 and will now take up a new role within the company.
Hankook Tire is delivering original equipment tyres for the Audi RS Q8. The 600 hp SUV will thus roll off the production line fitted with the Hankook Ventus S1 evo 3 SUV in 295/40 ZR22 112Y XL AO. To ensure safe driving in the colder months, Audi customers can additionally order the Hankook Winter i*cept evo 2 in sizes 275/40 R22 107V XL AO or 295/35 R23 108W XL AO.
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