# Yingli receives CNY 650 million contract from Volvo for EV components

Yingli (英利-KY) has signed a contract with Volvo Car Group for the co-development and supply of new energy vehicle subframes, pedestrian protection beams, and related aluminum parts. The total contract value over the product lifecycle is approximately CNY 650 million.

- Type: Contract
- Announced: 2020-09-03
- Where: China
- Value: $95.0M (650.0M CNY)
- Status: announced
- Products: new energy vehicle subframes, pedestrian protection beams, aluminum parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Volvo Car](https://endata.com/companies/29430.md) (customer)
- [Yingli](https://endata.com/companies/49693.md) (supplier)

## Sources

- [1458.com.tw](https://www.1458.com.tw/newsD136981.html), 2020-09-03: "因應新能源汽車新趨勢及未來發展，沃爾沃汽車集團為進入中國大陸新能源車市場與本公司合作簽訂新能源車副車架、行人防護梁及相關鋁製零部件共同開發及採購合約，於產品生命週期內合約金額約人民幣 6.5億元。"

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