# Shuanghuan Driveline wins EUR 10B+ EV gear supply contract

Shuanghuan Driveline (002472.SZ) received a supplier nomination letter from a global auto parts customer (Z customer) for an electric drive system gear project for a European premium brand new energy vehicle. The project is expected to start mass production in 2024, with a lifecycle of 9 years and estimated total sales exceeding RMB 1 billion.

- Type: Contract
- Announced: 2023-03-28
- Value: $145.0M (1.00B CNY)
- Status: announced
- Products: electric drive system gears, new energy vehicle components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Shuanghuan Driveline](https://endata.com/companies/41071.md)
- [Z customer](https://endata.com/companies/69372.md) (customer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/900338.html), 2023-03-28: "公司近日与某全球知名零部件企业签署供应商定点函，公司被选定为该Z客户某欧洲高端品牌新能源汽车电驱动系统齿轮项目的开发和批量供应商。"

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