Chervon Auto receives CNY375 million order from ZF for Lotus parts

Chervon Auto Precision Technology received a CNY375 million (USD58.1 million) order from a unit of ZF Friedrichshafen for parts used in new energy vehicle motors and electronic control systems, which will be used in Lotus models. The contract period is from 2022 to 2030.

“The Chinese company has received a CNY375 million order for parts used in new energy vehicle motors and electronic control systems.”yicaiglobal.com

• 2 sources
• yicaiglobal.comChina’s Chervon Auto Surges on USD58.1 Million Deal to Supply Parts to LotusTang ShihuaFeb 4, 2021
• yzweekly.com泉峰汽车获采埃孚3.75亿元订单_压铸周刊—有决策价值的压铸资讯Feb 4, 2021

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