# 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.

- Type: Contract
- Announced: 2017-01-24
- Where: Aalen, Germany, Germany
- Value: $107.0M (100.0M EUR)
- Status: announced
- Products: axle-drive pumps
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [SHW Automotive GmbH](https://endata.com/companies/19916.md) (supplier)

## Sources

- [reuters.com](https://www.reuters.com/article/world/german-auto-supplier-shw-plunges-on-loss-of-electric-car-order-idUSKBN1581P7/), 2017-01-24: "SHW said the customer felt technical specifications for axle-drive pumps failed to meet its requirements."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.