# Rongtai Industry signs $220M EV parts supply deal with BYD

Rongtai Industry will supply motor housing products to BYD's all-electric vehicle development platform from 2023, in a deal worth approximately CNY 1.5 billion ($220 million) over five years.

- Type: Contract
- Announced: 2022-08-26
- Where: China
- Value: $220.0M (1.50B CNY)
- Status: announced
- Products: motor housing products, EV parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [BYD](https://endata.com/companies/9720.md) (customer)
- [Rongtai Industry](https://endata.com/companies/64967.md) (supplier)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/china-rongtai-hits-limit-up-on-usd220-million-ev-parts-supply-deal-with-byd), 2022-08-29: "Rongtai will supply motor housing products to BYD’s all-electric vehicle development platform in batches from 2023."

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