SHW Automotive loses €100M electric car order

German automotive supplier SHW Automotive GmbH said an unnamed electric car maker canceled a €100 million order for axle-drive pumps, originally awarded in September 2016, with production planned for the first half of 2017.

“SHW said the customer felt technical specifications for axle-drive pumps failed to meet its requirements.”reuters.com

• 1 source
• reuters.comGerman auto supplier SHW plunges on loss of electric car orderJan 24, 2017

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