POSCO International signs $6M EV parts supply deal with Rivian

POSCO International has signed a $6 million contract to supply output shafts, manufactured by Myeongcheon Industries, to US EV maker Rivian for use in about 90,000 electric vehicles.

“POSCO International Corp., the trading unit of South Korea’s steel giant POSCO, said on Thursday it has signed a $6 million contract to supply electric vehicle components to US EV maker Rivian Automotive Inc.”kedglobal.com

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• kedglobal.comPOSCO International signs parts supply deal with US EV startup Rivian - KED GlobalJung-hwan HwangDec 2, 2021

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