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KPSNC wins €100M order for EV transmission housings from US automaker · Endata

◂ Announcements

Jul 21, 2022CONTRACTShanghai, China

KPSNC wins €100M order for EV transmission housings from US automaker

KPSNC, a joint venture of Rheinmetall and HUAYU Automotive Systems, received an order for EV transmission housings worth at least €100 million from a US automaker with a large production facility in Shanghai. Production begins at the end of 2022 and will take six years to fulfill.

Value

$104.5M (100.0M EUR)

Status

Announced

Productsaluminum alloy EV transmission housings

CompaniesHuayu Automotive Systems supplier Rheinmetall supplier KPSNC supplier

Sectors#Automotive Components

“KPSNC, a joint venture of Rheinmetall and Chinese automotive parts supplier HUAYU Automotive Systems (HASCO), has received an order for EV transmission housings totaling at least 100 million euros ($104.5 million).”chargedevs.com

1 source
chargedevs.comCharged EVs | Rheinmetall and HUAYU win large order for EV transmission housings from US automaker - Charged EVsMatt CousineauJul 21, 2022

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

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