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Denso Korea's competitors and similar companies include Kandi Technologies and Magnax.
 Denso Korea Denso Korea (덴소코리아주식회사) is a company developing and producing automotive technology and components. |  Kandi Technologies Kandi Technologies Group (also known as KNDI) is a company that researches, develops, manufactures, and sells electric vehicles (EVs), electric off‑road vehicles, and related EV components. | ||
Founding Date | Founding Date 1948 | Founding Date 2002 | Founding Date 2015 |
Type | Type Subsidiary | Type Subsidiary | Type Private |
Tags | |||
Locations | Locations Changwon, KR HQ Changwon, KR Hwaseong, KR Uiwang, KR | Locations Jinhua, CN HQ Haikou, CN Jinhua, CN Dallas, US | Locations Kortrijk, BE HQ |
Employees | Employees 2,19810% increase | Employees 840 | Employees 25 |
Financial | |||
Revenue (est.) | Revenue (est.) ₩1.1t (FY, 2022) | Revenue (est.) $123.6m (FY, 2023) | Revenue (est.) N/A |
Cost of goods | Cost of goods ₩957.9b (FY, 2022) | Cost of goods $82.2m (FY, 2023) | Cost of goods N/A |
Gross profit | Gross profit ₩97.1b (FY, 2022) | Gross profit $41.4m (FY, 2023) | Gross profit €4.5m (FY, 2024) |
Net income | Net income ₩34.5b (FY, 2022) | Net income $1.7m (FY, 2023) | Net income €2.3m (FY, 2024) |
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Kandi Technologies
HQ
Jinhua, CN
Kandi Technologies Group (also known as KNDI) is a company that researches, develops, manufactures, and sells electric vehicles (EVs), electric off‑road vehicles, and related EV components.
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Magnax
HQ
Kortrijk, BE
Employees
25
Magnax is a company that develops and manufactures yokeless axial flux motors.
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