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Sanhua Automotive Components, a subsidiary of Sanhua Intelligent Controls, has signed an exclusive worldwide deal to supply cooling system parts for BMW's electric vehicle platforms. The contract is valued at CNY 600 million (US$86 million) over the life of the vehicles, with mass production expected to begin in 2022.
“The BMW contract should bring in a total CNY 600 million (USD 86 million) to Sanhua Automotive Components during the life of the vehicles that will use the parts”yicaiglobal.com
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