# Baolong Technology becomes air suspension supplier for NEV brand

Baolong Technology received a letter of intent from a Chinese new energy vehicle brand to supply air suspension system air reservoirs for a new platform project. The contract has a total value of over CNY 150 million over 5 years, with mass production expected in the first half of 2023.

- Type: Contract
- Announced: 2022-05-09
- Where: China
- Value: $22.2M (150.0M CNY)
- Status: announced
- Products: air suspension system air reservoirs
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Baolong Technology](https://endata.com/companies/62747.md) (supplier)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/720370.html), 2022-05-09: "公司近日收到国内某新能源汽车头部品牌主机厂的《定点通知书》，选择公司作为其全新平台项目空气悬架系统储气罐的零部件供应商。"

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