BH EVS

What BH EVS does

BH EVS (주식회사 비에이치이브이이에스) is a South Korean automotive electronics company founded in October 2022 through the acquisition of LG Electronics' automotive wireless charging business unit. The company is a subsidiary of BH Group (비에이치), a diversified Korean conglomerate, and operates as its automotive electronics arm. Headquartered in Seoul (Magok-dong, Gangseo-gu) with regional offices in Troy, Michigan (USA), Schwalbach (Germany), Shanghai (China), and Tokyo (Japan), BH EVS serves global automotive OEMs including Hyundai, Kia, and unnamed European and North American automakers.

The company's core technology is wireless power transfer (WPT) via magnetic induction and resonance, built on more than 10 years of R&D accumulated since 2012. Its product portfolio centers on two categories: in-cabin Qi-compatible mobile device wireless chargers (the WC500M, WC800, WC900, and WC910 series) and EV wireless charging systems at the WPT2~4 power class (7.7kW–22kW, SAE J2954 compliant, with stated >92% DC-to-DC efficiency and a 300x300mm VA design). Adjacent product lines include in-cabin radiant heaters using carbon nanotube (CNT) technology, Smart AVAS (acoustic vehicle alerting systems), smart sensors and actuators, battery management components, and emerging robot charging solutions. BH EVS holds a Board of Directors seat on the Wireless Power Consortium (WPC), co-chairs the NGC Task Force, Automotive Application Group, and LEV Sub-Group, and leads Qi2 MPP standardization work, giving it direct influence over next-generation wireless charging interoperability and safety standards.

BH EVS operates as a tier-1/tier-2 automotive supplier, monetizing through design wins and long-term component supply contracts with automotive OEMs. Pricing is negotiated per contract per OEM and is not publicly disclosed. The company is privately held with no public market listing and has not disclosed any standalone funding rounds. It reported approximately 3,590억 KRW (~$259 million USD) in 2024 sales, up from 324 billion KRW in 2023, and secured approximately 350 billion KRW in H2 2024 orders from multiple European OEMs, with an order book approaching 1 trillion KRW. As of 2025, BH EVS employs 272 people globally and holds certifications including IATF 16949, ASPICE Level 3, ISO/SAE 21434, TISAX, ISO 9001, ISO 14001, ISO 27001, and ISO 17025.

Name

BH EVS

Legal name

주식회사 비에이치이브이에스

Website

https://bhevs.co.kr

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

BH EVS is a South Korean automotive electronics company that designs and supplies wireless charging modules for in-cabin mobile devices and electric vehicles, along with adjacent EV components, to global OEMs including Hyundai, Kia, and European and North American automakers.

Ownership category

akta.pro rank

Product category

Automotive Electronics (Wireless Charging)

NAICS

Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632)

SIC

Electronic Coils, Transformers & Other Inductors (3677), Electronic Components & Accessories (3670)

akta.pro primary industry

Automotive Charging Hardware Manufacturing (On-board Chargers, Charge Inlets, DC-DC) (IMACAJAK)

akta.pro secondary industries

Power Electronics Manufacturing (Inverters/DC-DC/Onboard Chargers) (IMACACAD), Battery Management System (BMS) & HV Control Electronics Manufacturing (IMACACAH)

Keywords

• Automotive wireless charging
• In-vehicle wireless chargers
• EV wireless charging systems
• Automotive electronics supplier
• Qi standard components

Headquarters

HQ city

Seoul (Gangseo-gu, Magok-dong)

HQ country

South Korea

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Infrastructure

Revenue model

1. Wireless Charging Modules (In-Cabin): Sale of in-vehicle wireless charging modules (Qi-compatible) to automotive OEMs for smartphones and mobile devices. Revenue is generated through design wins, component supply contracts, and per-unit pricing negotiated with OEM customers. This is the company's primary revenue stream, originating from the acquisition of LG Electronics' automotive wireless charging business in 2022.
2. EV Wireless Charging Systems: Sale of EV wireless charging systems (WPT2~4, 7.7kW~22kW) to electric vehicle manufacturers. Covers both standard (SAE J2954) and proprietary design solutions, including wired/wireless integrated chargers.
3. Smart Sensor & Actuator Modules: Sale of automotive smart sensor modules, actuator components, battery management components, USB power delivery modules, sound modules, and near-field communication modules to automotive OEMs. Revenue generated per-unit through long-term supply agreements.
4. In-Cabin Radiant Heater (CNT): Sale of carbon nanotube-based radiant heaters for EV interiors to automotive OEMs as a component integrated into vehicle interiors.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

BH EVS designs, develops, and supplies in-vehicle wireless charging modules (Qi-compatible) and EV wireless charging systems for global automotive OEMs. The company's primary revenue is generated through design wins and long-term supply contracts with automakers including Hyundai, Kia, and multiple European and North American OEMs, with components designed into vehicle platforms. The portfolio extends to CNT-based in-cabin radiant heaters, smart AVAS, automotive sensors, actuators, and battery management components.

Product overview

BH EVS is an automotive electronics company specializing in wireless charging solutions and next-generation vehicle components. The product portfolio centers on wireless charging technology (Mobile Wireless Charger, EV Wireless Charger) as core offerings, expanded through related product categories including Smart Sensor & Actuator and Battery Components. Supporting products include In-Cabin Radiant Heater for EV thermal management and Smart AVAS for acoustic vehicle awareness. The company offers multiple wireless charger product lines (WC500M, WC800, WC900, WC910 series) targeting various automotive OEM applications. Products are developed with core R&D technologies in coil design, power topology, and wireless charging firmware, with active participation in WPC (Qi) and SAE J2954 international standards.

Differentiator

Problem solved

Functional benefit

Brands

• BHFM (BH First Model): Proprietary technology platform/model developed by BH EVS, winner of 2024 TTA certification excellence award
• Wireless Power Charger

Products and services

• Mobile Wireless Charger (차량용 모바일 무선충전기)

Quantifiable outcome

• DC to DC charging efficiency exceeding 92% for EV wireless charging systems
• +2 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature13 records

Partnerships

Two partnerships are on record, tiered core.

• Eta Electronics (에타일렉트로닉스)coreStrategic or Co-development Partner · 9 March 2026Eta Electronics signed a memorandum of understanding with BH EVS to cooperate in developing wireless charging systems for electric vehicles. Under the agreement, Eta Electronics contributes its wireless power transmission technology and foreign object detection algorithms, while BH EVS provides power transmission system design and mass production capabilities. The two companies plan to jointly develop commercial EV wireless charging solutions meeting global automaker safety and quality standards, while also collaborating on overseas certifications and customer acquisition.
• Wireless Power Consortium (WPC)coreTechnology or IntegrationBH EVS is a Regular member of the WPC and serves on the Board of Directors (BoD, 9-member governing body). BH EVS leads WPC Specification Working Group activities including Qi2 Magnetic Power Profile standardization, NGC (Next Generation Communication) Task Force (co-chair), AAG (Automotive Application Group, co-chair), and WPC LEV SG (co-chair). BH EVS actively contributes to next-generation wireless charging standards and 30W+ fast charging safety specifications. BH EVS works to ensure its proprietary solutions are adopted into WPC international standards.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Harman International (Samsung): Samsung-owned automotive electronics supplier covering connected car, ADAS, and in-cabin electronics; a relevant tier-1 with similar OEM relationships and global delivery model.
• Hyundai Mobis: Korean automotive Tier-1 part of the Hyundai Motor Group, supplying electronics modules, sensors, and EV components to Hyundai and Kia, BH EVS's anchor Korean OEM customers; directly relevant given customer overlap.
• Visteon: Automotive cockpit electronics supplier (displays, infotainment, domain controllers); comparable tier-1 that shares BH EVS's OEM-direct distribution model and key North American and European customers.
• Continental AG: Diversified automotive Tier-1 with overlapping product lines including in-cabin electronics, sensors, and HV power electronics relevant to BH EVS's portfolio expansion.
• Aptiv: Global automotive technology supplier focused on active safety, signal/power architecture, and in-cabin user experience electronics; comparable broad-tier-1 peer for BH EVS's smart sensor/actuator modules.
• Bosch: Global automotive Tier-1 supplier with broad automotive electronics, sensors, and EV charging portfolios; competes broadly with BH EVS for OEM design wins across multiple component categories.

Direct peers

• Electreon: Israeli company commercializing wireless EV charging for both stationary and dynamic (in-road) use cases; competes at the SAE J2954 / high-power level where BH EVS's EV wireless systems are positioned.
• Powermat Technologies: Provider of Qi-compatible and proprietary wireless charging solutions for automotive, industrial, and consumer markets; directly comparable to BH EVS in in-cabin Qi wireless charging modules.
• WiTricity: U.S.-based leader in high-power EV wireless charging (up to 11kW and beyond), holding foundational magnetic resonance patents licensed across the EV industry; directly competes with BH EVS in EV WPT2+ classes.
• LG Electronics: Former parent of the automotive wireless charging business that became BH EVS in 2022; LG continues to operate in adjacent automotive electronics (infotainment, ADAS, EV components) and is the most direct historical peer and continuing competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bhevs

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BH EVS