# Rheinmetall joint venture wins major order for electromotor housings

HASCO KSPG Nonferrous Components (Shanghai) Co., Ltd., a joint venture of Rheinmetall, received a three-digit million euro order from a premium automaker for electromotor housings. Production will start in June 2023 at the KPSNC plant in Guangde, China.

- Type: Contract
- Announced: 2020-11-17
- Where: Guangde, Anhui Province, China
- Value: $118.0M (100.0M EUR)
- Status: announced
- Products: electromotor housings
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Rheinmetall Automotive](https://endata.com/companies/1095.md)
- [HASCO KSPG Nonferrous Components (Shanghai) Co., Ltd.](https://endata.com/companies/51270.md)
- [Pierburg](https://endata.com/companies/1094.md) (partner)

## Sources

- [defencehub.live](https://defencehub.live/threads/electromotor-housings-for-china-rheinmetall-group-wins-major-order.2912/), 2020-11-17: "Worth a three-digit million-euro lifetime total, the contract extends for a period of six years."
- [news-research.net](https://www.news-research.net/2020/11/rheinmetall-group-wins-major-order-in-the-field-of-electromobility/), 2020-11-17: "Worth a three-digit million euro lifetime total, the contract extends for a period of six years."
- [presse-blog.com](https://www.presse-blog.com/2020/11/17/rheinmetall-group-wins-major-order-in-the-field-of-electromobility/), 2020-11-17: "Worth a three-digit million euro lifetime total, the contract extends for a period of six years."
- [automotiveworld.com](https://www.automotiveworld.com/news/rheinmetall-group-wins-major-order-in-the-field-of-electromobility/), 2020-11-17: "Worth a three-digit million euro lifetime total, the contract extends for a period of six years."
- [foundry-planet.com](https://www.foundry-planet.com/d/cn-rheinmetall-group-wins-major-order-in-the-field-of-electromobility/), 2020-11-20: "An internationally operating maker of premium automobiles has awarded HASCO KSPG Nonferrous Components (Shanghai) Co., Ltd. (KPSNC), a joint venture of Rheinmetall Automotive AG, a major order for electromotor housings."
- [foundry-planet.com](https://www.foundry-planet.com/de/d/cn-rheinmetall-group-wins-major-order-in-the-field-of-electromobility/), 2020-11-20: "An internationally operating maker of premium automobiles has awarded HASCO KSPG Nonferrous Components (Shanghai) Co., Ltd. (KPSNC), a joint venture of Rheinmetall Automotive AG, a major order for electromotor housings."

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