# Volex and Nexen Tech form strategic partnership for EV market

Volex plc, a British power cord and harness assembler, and South Korea-based Nexen Tech Corp. have entered into a strategic partnership to tackle the electric vehicle market, aiming to set up a cooperative channel for technological capabilities and sales network development.

- Type: Partnership
- Announced: 2017-08-10
- Status: announced
- Products: power cords, cable harness assemblies, automotive wiring harnesses, connectors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Volex](https://endata.com/companies/10515.md) (partner)
- [Nexen Tech](https://endata.com/companies/26225.md) (partner)

## Sources

- [aftermarketnews.com](https://www.aftermarketnews.com/volex-south-korea-based-nexen-tech-enter-strategic-partnership-tackle-ev-market/), 2017-08-10: "This partnership fills a gap in our product offering, and opens up significant cross-selling opportunities."

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