Dongfang Precision to supply Foton Motor with 5,500 power systems worth CNY950 million

Beijing Pride Power System Technology, a subsidiary of Guangdong Dongfang Precision Science and Technology, signed a contract to supply Beiqi Foton Motor with 5,500 power systems worth CNY950 million (USD140 million) for use in 3,000 passenger cars and 2,500 logistics vehicles.

“Beijing Pride Power System Technology Co. will sell the systems to Beiqi Foton Motor Co., Dongfang said today.”yicaiglobal.com

• 1 source
• yicaiglobal.comFoton Motor Looks to Spend USD140 Million on Dongfang Precision's Battery SystemsJin YuanjiaJul 17, 2017

Summarized from public sources; check the original articles before acting on it.