HD Hyundai Infracore releases first S.Korean made bulldozer in 24 years

The 10-ton class DD100 is part of the company’s new Develon brand

HD Hyundai Infracore releases first S.Korean made bulldozer in 24 years
Hyung-Kyu Kim 1
2023-04-24 10:45:51 khk@hankyung.com
Construction

HD Hyundai Infracore Co. a construction equipment affiliate of South Korea’s HD Hyundai Group, on Sunday said it launched its new bulldozer brand Develon on the domestic market.

The Develon is the company’s first domestically made bulldozer in 24 years, with its last coming after the bankrupt Daewoo Heavy Industries and Machinery, the predecessor of HD Hyundai Infracore, halted production in 1999.

At the time, civil engineering methods were changed, excavators replaced part of a bulldozer's work and domestic bulldozers were discontinued due to fallen demand due to the Asian economic crisis. American companies seized this opportunity and now dominate the domestic bulldozer market with 90%.

Since 2020, HD Hyundai Infracore has invested and developed a homegrown bulldozer and recently introduced the 10-ton model DD100, part of the Develon brand. The company sold all five models it produced.

The DD100’s independently developed Develon engine meets Stage 5 European emission standards, maximizing work performance and fuel efficiency compared to others in its class, it added.

“We will expand our market size with differentiated products and services,” a company source said. “We plan to diversify our lineup by launching this year 13-ton bulldozers in North America, which accounts for half of the global market, and at home.”
 
Write to Hyung-Kyu Kim at khk@hankyung.com

HD Hyundai Infracore targets Middle East and African markets with new brand Develon

HD Hyundai Infracore targets Middle East and African markets with new brand Develon

HD Hyundai Infracore (formerly Hyundai Doosan Infracore Co.), a South Korean construction equipment maker, has ventured into the Middle East and African markets with the introduction of its new brand Develon.The company reported sales of $330 million in the Middle East and Africa region last y

Hyundai Doosan Infracore rebrands as HD Hyundai Infracore

Hyundai Doosan Infracore rebrands as HD Hyundai Infracore

Hyundai Doosan Infracore Co., a construction and machinery subsidiary of HD Hyundai  Group, decided to rebrand itself as HD Hyundai Infracore, dropping "Doosan" from its name, just a year and a half after joining the group. At its annual general shareholders meeting on Monday, the company

Hyundai Doosan Infracore wins Italian innovation award

Hyundai Doosan Infracore wins Italian innovation award

Hyundai Doosan Infracore Co., a construction machinery subsidiary of HD Hyundai Group, announced on Tuesday that its 14-ton hybrid electric wheel excavator 14W extended-range electric vehicle (EREV) received the "SaMoTeR Innovation Award" in Italy. The SaMoTeR Innovation Award is an award giv

Hyundai Doosan Infracore unveils new construction equipment brand

Hyundai Doosan Infracore unveils new construction equipment brand

South Korea's Hyundai Doosan Infracore Co. on Wednesday said that in a news conference in Las Vegas on the day before, it unveiled its new construction equipment brand Develon and the latter's brand identity. "Develon" is a combination of the terms "develop" and "onwards."Incorporated as an af

(* comment hide *}