At the 2024 "Tire Star" award ceremony, Kumho (China) Tire Sales Co., Ltd. won the "Low Carbon Development Leading Award".
It is understood that Kumho Tire actively implements the new concept of sustainable development and continuously increases technology research and development efforts.
It has established a roadmap for carbon neutrality by 2045 and solar power generation facilities at overseas factories.
In 2022, it received an international rating of AA from Morgan Stanley (MSCI) Environmental and Social Impact Assessment.
In terms of production, the full implementation of Industry 4.0 intelligent manufacturing production system and management system.
Kumho Tire has passed ISO/TS16949, China CCC, American DOT and European Community ECE and other global management systems and product certifications.
With technological innovation, Kumho's new new energy vehicle tires, ECSTA PS71 EV and EnnoV series tires, have been launched one after another.
While meeting the market demand, Kumho Tire's performance also ushered in a big explosion.
In 2023, its operating income will be 4,041.4 billion won (about 21.9 billion yuan).
This data is an increase of 86% over 2020, making it the fastest growing tire company in the world.