Media
February 21, 2022

Ohmio signs multi year supply agreement with LDCC (LOTTE Corporation)

Multi-year agreement with LOTTE/LDCC of Korea to manufacture and assemble its OHMIO Lift autonomous shuttle in Korea

Ohmio Automotion is delighted to announce that today it has signed a multi-year agreement with LOTTE/LDCC of Korea to manufacture and assemble its OHMIO Lift autonomous shuttle in Korea.

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Executive Chairman, Mohammed Hikmet, said “the signing of this agreement with our partners, LOTTE/LDCC, is the culmination of 2 years of intense cooperation between our companies, made all the more difficult due to COVID.” “Engineers from both companies have developed our product, effectively over ZOOM, to a point where we are now licensed by the Korean authorities to operate the OHMIO Lift on Korean roads.

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This is a great testament to all concerned and I could not be prouder of the team.” The agreement, which was signed in Seoul this morning, will see LOTTE/LDCC take on exclusive rights for the sale of OHMIO Lift vehicles in Korea. Mr Jun-Hyung Rho, Chief Executive of LDCC, said “we are delighted to be working with OHMIO on the development, manufacturing and sales of the OHMIO autonomous shuttle in Korea.

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We look forward to a long and successful relationship together as we strive to improve mobility services for our community.”

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