# Xiling Power and Benomir plan JV for EV parts in China

Xiling Power (西菱动力) signed a strategic cooperation memorandum with Benomir (本奥米尔) to set up a joint venture investing CNY 700 million to develop lightweight subframes and efficient electric scroll compressors for new energy vehicles. After development, production lines are planned with annual capacity of 2 million subframes and 500,000 compressors.

- Type: Partnership
- Announced: 2023-10-11
- Where: China
- Value: $96.0M (700.0M CNY)
- Status: announced
- Capacity: 2 million lightweight subframes and 500,000 electric scroll compressors per year
- Products: lightweight subframes, efficient electric scroll compressors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Xiling Power](https://endata.com/companies/73213.md) (partner)
- [Benomir](https://endata.com/companies/73214.md) (partner)

## Sources

- [nbd.com.cn](https://www.nbd.com.cn/articles/2023-10-11/3049715.html), 2023-10-11: "计划设立合资公司投资7亿元人民币用于开发新能源汽车零部件—轻量化副车架及高效电动涡旋压缩机"

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