The Korean auto parts supplier is set to begin mass production of RSPA modules at its plant in Jincheon, Korea.

A vehicle equipped with RSPA employs 12 different ultrasound sensors to enable car drivers to spot a parking space and remotely park or release their cars by pressing down on a button of a smart key.

The  automotive parts and components makers is racing ahead of global competitors in the commercial rollout of the RSPA system, as car makers are scrambling to preempt self-driving car market.

It has also unveiled a plan to apply its Integrated Mobis Electronic Brake (iMEB) technology to new vehicles. The technology charges the car battery using the electrical power generated from a repetition of braking and releasing during the car cruising.

Compared to a vehicle equipped with a standard motor, iMEB can reduce energy loss by 70%.