
About Hanon Systems Hanon Systems, a subsidiary of Hankook & Company Group, is a full-line supplier of automotive thermal management solutions for electrified and conventional vehicles. Its offering includes a wide range of solutions in the areas of heat pump systems; thermal management modules; heating ventilation and air conditioning (HVAC); powertrain cooling; compressor; fluid transport; and electronics and fluid pressure. The company currently operates 50 manufacturing sites and three innovation centers, and employs more than 20,000 people across 21 countries. To learn more, visit hanonsystems.com. Innovative Technology Hanon Systems is uniquely positioned to develop and produce high-quality thermal management solutions that address regulatory requirements and meet the needs of consumers in the local market. Applying eco-friendly and high-efficiency technologies to electric, hybrid, conventional and fuel-cell vehicles, Hanon Systems brings further value to customers worldwide. Global Network Hanon Systems operates a global network across Asia, Europe and the Americas, to deliver tailored service in close proximity to vehicle manufacturers. This global presence makes Hanon Systems uniquely positioned to develop and produce high-quality thermal management solutions that address regulatory requirements and meet the needs of consumers in local markets. Sustainable Value Creation Hanon Systems aspires to be a global automotive leader in supplying innovative thermal management solutions. Rooted in the company's shared values – customers, employees and shareholders – the company embraces the diversity of its talented global team and focuses on creating enterprise-wide and sustainable value by conducting business in a responsible and ethical manner as a good corporate citizen.
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Columns5| Company | Markets | New markets | Momentum | Activity | Expansion score |
|---|---|---|---|---|---|
Hanon SystemsYou | 1 | 0 | +100% | 3 | 39 |
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EndedHanon Systems joins AAPEX 2025, showcasing advanced thermal management solutions for EVs, including a 4th-gen heat pump system and eco-friendly components.
Hanon Systems participates in AAPEX 2025, showcasing world's first 4th generation heat pump system in mock-up vehicle. The company aims to strengthen its position in thermal management solutions and expand partnerships in North and South American markets.
Hankook Tire's cash assets reached 3 trillion won in Q3 2025, recovering from previous cash outflows. Experts expect continued financial improvement despite upcoming expenses.
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