# Rheinmetall wins three orders for EV structural parts

Rheinmetall's Materials and Trade division secured three orders from electric vehicle manufacturers for structural parts, each worth a double-digit million-euro figure. Production is set to begin in 2024.

- Type: Contract
- Announced: 2023-04-05
- Where: China
- Value: $11.0M (10.0M EUR)
- Status: announced
- Capacity: over 500,000 units
- Products: shock absorber mounting sets, side members
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Rheinmetall](https://endata.com/companies/2541.md)
- [Rheinmetall](https://endata.com/companies/2541.md) (supplier)
- [SAIC Motor](https://endata.com/companies/20448.md) (customer)
- [Geely Holding](https://endata.com/companies/25757.md) (customer)
- [Jidu Auto](https://endata.com/companies/69531.md) (customer)

## Sources

- [news.europawire.eu](https://news.europawire.eu/rheinmetalls-materials-and-trade-division-continues-its-transformation-to-environmentally-friendly-mobility/eu-press-release/2023/04/05/17/45/20/114364/), 2023-04-05: "Each new incoming order marks a further milestone in the Group's transformation toward future-proof, environmentally friendly forms of mobility and away from the internal combustion engine."
- [rheinmetall.com](https://www.rheinmetall.com/en/media/news-watch/news/2023/apr/2023-04-12-order-for-hybrid-vehicle-engine-blocks), 2023-04-12: "The Materials and Trade division of the tech enterprise Rheinmetall has booked a new order to produce engine blocks for a hybrid vehicle."
- [reuters.com](https://www.reuters.com/business/autos-transportation/rheinmetall-wins-double-digit-million-euro-order-chinas-saic-motor-2023-04-12/), 2023-04-12: "Rheinmetall has won a double-digit million-euro order from China's SAIC Motor to produce engine blocks for hybrid vehicles"

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