Hanwha
Global Newsroom | Hanwha
On June 4, 2026, a significant partnership agreement was signed between Canadian industry leaders and officials from the Republic of Korea, aimed at bolstering the vehicle manufacturing sector within Canada.
The South Korean Presidential Envoy announced robust government backing to enhance collaboration between Canada’s auto parts sector, Algoma Steel, and Hanwha. This initiative is a pivotal step toward advancing a “Build in Canada” manufacturing capability.
Both nations are poised to benefit from this alliance, which emphasizes the importance of local production and innovation in the automotive industry.
