2019.07.02
Hyundai ST&P Co., Ltd. announced on
July 2 that it has signed an MOU with Miraeohsung Holdings Co., Ltd. on " Ridesharing
platform business partnership." The meeting was attended by key officials
from the two companies, including Miraeohsung Group Chairman Kim Bum-chang and
Hyundai ST&P President Hwang Jung-koo.
Hyundai ST&P is a venture company that
develops and manufactures vehicle parts and telecommunication equipment and
obtained patents for "Car parts maintenance press" and "Brake pad
wear control system" in 2017 and succeeded in attracting investment from
Miraeohsung Group in the same year.
Hyundai ST&P was selected by the Korea
Association for Industrial Technology Promotion in 2018 to participate in a
technology support project with a Chinese auto parts company, and is recognized
for its technological prowess at home and abroad by carrying out state-run
tasks of the Ministry of Small and Medium Venture Business.
In particular, 'Brake pad wear management
system' is a technology that provides automatic notification function to the
driver through the application after measuring the degree of wear of the brake
pad step by step.
In the meantime, it was common for brake
pads to be used only when they were completely worn. Thickness measurement
sensor was required to improve the alarm form before brake pad was completely
worn, but the cost of this sensor was so high that it was difficult to secure
marketability.
However, Hyundai ST&P developed a
resistance circuit and a communication module to measure the wear of the brake
pads in stages, informing the driver in advance, and succeeded in securing
marketability by drastically reducing the cost of the wear measurement sensor.
This technology minimizes the risk of
secondary costs, such as replacing the disc, caused by failure to replace the
brake pads at an appropriate time, thereby preventing safety accidents.
'Brake pad wear management system' is
applicable not only to luxury cars but also to all vehicles such as general
passenger cars, trucks, motorcycles and kick boards. In the future, if this
system is applied to AI-based autonomous vehicles, it will be able to secure
big data about safety and braking, which is a key factor, and it is expected to
generate synergy with the ride sharing platform business.
president Hwang Jung-koo said,
"Through this MOU, we plan to start a full-scale business by platforming
various projects such as automobile minor repair, tire exchange, parking lot
provision, etc.”