Quick Takeaways
- High-voltage DC-DC converters order strengthens Younghwa Tech’s position in Hyundai’s fuel cell vehicle supply chain.
- The long-term contract runs from 2026 to 2033 and supports both domestic and overseas production.
South Korea’s Younghwa Tech Co., Ltd. announced that it has secured a major order for high-voltage DC-DC converters from Hyundai Motor Company, reinforcing its role in the rapidly evolving fuel cell vehicle ecosystem. The agreement also includes power distribution units designed to support stable high-voltage power management in FCVs.
Scope and Value of the Hyundai Contract
The contract covers the supply of key FCV power electronics over a multi-year period, highlighting Hyundai’s continued investment in hydrogen mobility. The deal is valid from February 2026 to December 2033, with total sales expected to reach KRW 198.56 billion (JPY 21.84 billion).Global Production and Supply Coverage
Under the agreement, Younghwa Tech will deliver high-voltage DC-DC converters and power distribution units to Hyundai Motor’s domestic as well as overseas manufacturing plants, supporting global fuel cell vehicle production. This supply scope underlines the growing importance of reliable high-voltage power systems in next-generation automotive platforms.
Company Press Release
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