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VC Visteon Corporation

113.04
1.87 (1.68%)
Last Updated: 15:14:33
Delayed by 15 minutes
Share Name Share Symbol Market Type
Visteon Corporation NASDAQ:VC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.87 1.68% 113.04 113.03 113.42 113.71 111.99 112.38 13,468 15:14:33

Halla Visteon Climate Control Supports First Mass-Produced Fuel Cell Electric Vehicle

21/02/2014 2:00pm

PR Newswire (US)


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VAN BUREN TOWNSHIP, Mich., Feb. 21, 2014 /PRNewswire/ -- Halla Visteon Climate Control Corp. (KS: 018880) is supplying an array of technologies to support the world's first mass-produced hydrogen fuel cell electric vehicle manufactured by Hyundai Motor Group. Introduced in Europe in 2013, the ix35, also known as the Tucson, is slated for a limited U.S. distribution this spring.

(Logo: http://photos.prnewswire.com/prnh/20001201/DEF008LOGO )

Products supplied by HVCC on the Tucson compact crossover SUV include a centrifugal air compressor, coolant heater, high-voltage cooling module and positive temperature coefficient (PTC) heater, and an HVAC system with an electric compressor.

The innovative centrifugal air compressor provides clean pressurized air to the fuel cell stack, which generates power to propel and operate the vehicle. The air compressor features a high-speed brushless DC motor with a patented, oil-free and angular ball bearing design. This air compressor technology is a finalist for the 2014 Automotive News PACE Award in the product innovation category. Winners of this prestigious award will be named in April.

"HVCC has a longstanding and successful relationship with Hyundai, and we are very pleased to contribute our innovations on the first fuel cell vehicle in mass production," said YH Park, president and CEO of HVCC, a majority-owned subsidiary of Visteon Corporation. "With technologies that help enable vehicles that emit zero emissions, HVCC is supporting its commitment to creating a better world through eco-friendly solutions."

About Halla Visteon Climate Control
Halla Visteon Climate Control (HVCC) is a full-line automotive supplier of climate systems and components. Products include heating ventilation and air conditioning; compressors; powertrain cooling; fluid transport; and electric and hybrid vehicle thermal systems. With 35 manufacturing sites supported by four global technical centers in 19 countries, HVCC employs approximately 14,000 people.

HVCC is a 70-percent owned subsidiary of Visteon Corporation (NYSE: VC) and is traded on the Korea Stock Exchange. Learn more at www.hvccglobal.com.

About Visteon
Visteon is a leading global automotive supplier delivering value for vehicle manufacturers and shareholders through businesses including HVCC, Visteon Electronics and Visteon Interiors. Visteon designs, engineers and manufactures innovative components and systems for virtually every vehicle manufacturer worldwide. Visteon's family of businesses generated $13.8 billion in sales in 2012, including non-consolidated operations. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Chelmsford, UK; Visteon has facilities in 29 countries and has about 22,000 employees in its consolidated operations. Learn more at www.visteon.com.

SOURCE Halla Visteon Climate Control Corp.

Copyright 2014 PR Newswire

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