# Hyundai Wia wins KRW702bn CV joint supply deal with European and US automakers

Hyundai Wia has clinched a 702 billion won ($596 million) deal with European and US automakers to supply constant-velocity joints (CV joints). 55% of the parts will be supplied to eco-friendly vehicles.

- Type: Contract
- Announced: 2020-01-29
- Value: $596.0M (702.0B KRW)
- Status: announced
- Products: constant-velocity joints (CV joints)
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hyundai Wia](https://endata.com/companies/18020.md)

## Sources

- [koreaherald.com](https://www.koreaherald.com/article/2216593), 2020-01-29: "Hyundai Wia said Wednesday that it has clinched a 702 billion won ($596 million) deal with European and US automakers to supply constant-velocity joints (CV joints)."
- [just-auto.com](https://www.just-auto.com/news/hyundai-wia-expands-share-of-global-cv-joint-market/), 2020-01-29: "South Korean auto parts maker Hyundai Wia Corporation announced it had won KRW700bn (US$596m) worth of supply contracts with automakers in North America and Europe, according to local reports."

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