HVCC-developed heat pump system for electric vehicles recognized for innovative power-saving technology

SEOUL, KOREA -- March 9, 2015: Leading automotive thermal management solution provider Halla Visteon Climate Control Corp. (KS: 018880) has been named a co-winner of the IR52 Jang Young-Shil Award with Hyundai Motor Company for its new heat pump system.

The IR52 Jang Young-Shil Award is presented to companies in Korea with technologically outstanding and innovative new products. Jointly sponsored by Korea Industrial Technology Association and Maeil Business Newspaper, a leading Korean business publication, the award is presented in the name of the Minister of Science and Technology.

The award-winning heat pump system developed by HVCC is designed to significantly reduce power consumption from heating battery-powered vehicles including electric vehicles. Unlike a conventional electric heater, which only uses power supplied from the battery to heat the cabin, heat pumps draw heat from external air, thereby reducing power consumption. HVCC's new heat pump system also utilizes the waste heat recycled from the vehicle's motor and inverter as an additional heat source, further extending the vehicle's drive range by decreasing the power drain on the battery.

With this breakthrough innovation, waste heat is harvested by the heat pump to support the vehicle's heating system and meet the desired cabin temperature, even in challenging sub-zero temperatures. This function helps dramatically reduce the vehicle's energy consumption and increases the driving range on a single battery charge by more than 20 percent.

"As an integrated thermal management system, HVCC's heat pump system can be further implemented in eco-friendly vehicles including plug-in hybrid and fuel cell vehicles," said YH Park, president and CEO of HVCC. "We are honored to receive this award and believe this innovative system will bring value to our customers worldwide."

HVCC's heat pump system is in production on several vehicles sold globally and will be showcased at the Seoul Motor Show in April 2015.

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Halla Visteon Climate Control wins IR52 Jang Young-Shil Award