# Pride Power signs CNY950M battery supply contract with Foton Motor

Beijing Pride Power New Energy Battery Technology, a subsidiary of Dongfang Precision, signed a 2017 strategic procurement contract with Beiqi Foton Motor for power battery systems for 5,500 commercial electric vehicles, totaling CNY950 million.

- Type: Contract
- Announced: 2017-07-14
- Where: China
- Status: announced
- Products: power battery systems for electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Dongfang Precision Group](https://endata.com/companies/10233.md)
- [Beiqi Foton Motor](https://endata.com/companies/16337.md) (customer)

## Sources

- [cs.com.cn](https://www.cs.com.cn/ssgs/gsxw/201707/t20170717_5375988.html), 2017-07-17: "福田汽车承诺在2017年内向普莱德下发5,500台商用电动汽车用动力电池系统采购订单，总金额为人民币9.5亿元"

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