Precision Metal wins Volkswagen MEB aluminum battery box order

Precision Metal (3162), a subsidiary of Minth Group, secured an order to supply aluminum battery boxes for Volkswagen's MEB electric vehicle platform. The company plans to build plants in Xianning, China; Serbia; and Mexico to support production, targeting fivefold revenue growth to NT$10 billion within five years.

“敏實集團已確立把鋁壓鑄產品訂單交由精確承接；敏實拿下福斯汽車集團MEB平台的供應大單，其鋁電池盒都會由精確供應。”ctee.com.tw

• 1 source
• ctee.com.tw精確營收 五年內拚百億 - 證券 - 工商時報工商時報 陳信榮Sep 14, 2021

Summarized from public sources; check the original articles before acting on it.