Schaeffler India secures €300M order for electric axles
Schaeffler India has received a €300 million order for its two-in-one electric axles for electric passenger vehicles, covering a seven-year period.
Value
$330.0M (300.0M EUR)
Productstwo-in-one electric axles
“Schaeffler India has received a €300 million order for its two-in-one electric axles as the supplier transitions to electrification from internal combustion.”autotechinsight.spglobal.com
- 2 sources
- autotechinsight.spglobal.comSchaeffler India secures €300 million order for its electric axles - Automotive Technology Insight | Forecasts | Industry News | Supply ChainMay 8, 2023
- nl.vafem.com2023 May 1st Week VAFEM News Recommendation - Schaeffler India lands over Rs 2,700 crore electric axle order-VAFEM (Shang Hai) Bearing Technology Co.,LtdMay 9, 2023
Summarized from public sources; check the original articles before acting on it.
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