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Title: Autech-Otis Unveils Next-Generation XY Parking Solution Optimized for Global Urban Environments

Seoul, Korea South, 27th Oct 2025 - Autech-Otis, a specialized mechanical parking equipment company, was established in 2016 through a joint venture with Otis, the world’s leading elevator provider. Leveraging over 40 years of accumulated technology and design expertise, the company has been leading the Korean mechanical parking industry for developing innovative and safer parking solutions.Recently, Autech-Otis unveiled its next-generation chess-type (XY) parking system designed for overseas markets, attracting significant attention among urban area building developers. The system features an innovative design that allows vehicles to move freely in both horizontal and vertical directions, maximizing parking efficiency even within limited space.Strong demand is expected in global megacities where urban density is high, and land availability is limited. Based on this technology, Autech-Otis is now accelerating its expansion into emerging markets, including the Middle East, Southeast Asia, and Europe.The design optimized for parking environments in major overseas cities is also noteworthy. The XY system adopts a compact structure and a high-performance control system that allows efficient use of limited underground and above-ground spaces in urban areas. This enables flexible adaptation to various site conditions in large commercial districts, mixed-use buildings, airports, and smart city infrastructures.In addition, Autech-Otis has integrated an Electric Vehicle (EV) Charging and a Noise Reduction Acoustic Solution into the system, presenting a product lineup that contributes to the development of sustainable smart city infrastructure.An Autech-Otis representative stated,  “Demand for next-generation parking systems as a key compon...

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