# POSCO International wins third EV parts contract from Rivian

POSCO International signed a third supply contract with Rivian to supply output shafts worth $6 million (about 71 billion KRW) for approximately 90,000 vehicles. The parts are produced by Myeongcheon Industrial.

- Type: Contract
- Announced: 2021-12-02
- Where: United States
- Value: $6.00M
- Status: announced
- Products: output shafts, electric vehicle drivetrain components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [POSCO International](https://endata.com/companies/44533.md) (supplier)
- [Rivian](https://endata.com/companies/45092.md) (customer)
- [Myeongcheon Industrial](https://endata.com/companies/59383.md) (partner)

## Sources

- [fnnews.com](https://www.fnnews.com/news/202112021331309622), 2021-12-02: "포스코인터내셔널은 신생 전기차 회사인 리비안과 세 번째로 전기차 부품 공급계약을 체결했다고 2일 밝혔다."

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