# 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.

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

## Companies

- [Rivian Automotive](https://endata.com/companies/39516.md) (customer)
- [POSCO International](https://endata.com/companies/44533.md) (supplier)
- [Myeongcheon Industries](https://endata.com/companies/59394.md) (partner)

## Sources

- [kedglobal.com](https://www.kedglobal.com/us/electric-vehicles/newsView/ked202112020017), 2021-12-02: "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."

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