◂ Announcements

Nov 24, 2021CONTRACTUnited States

Posco wins $122M contract to supply EV half shafts to Rivian

Posco International, together with Erae Ams Company, won a KRW 145 billion ($122 million) contract to supply half shafts for 340,000 Rivian EVs. Parts shipments are to begin next year.

Value

$122.0M (145.0B KRW)

Status

Announced

ProductsEV half shafts

CompaniesRivian Automotive customer POSCO International supplier Erae AMS supplier

Sectors#Automotive Components

“South Korean steel maker Posco has won a KRW145bn (US$122m) contract to supply EV half shafts for vehicles produced by Rivian Automotive.”just-auto.com

1 source
just-auto.comPosco wins major order from Rivian - Just AutoGraeme RobertsNov 24, 2021

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

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Posco wins $122M contract to supply EV half shafts to Rivian · Endata