# Sinofuse Electric lands up to USD164 million EV parts order from German carmaker

Sinofuse Electric announced on October 26, 2023, that a leading German carmaker placed an exclusive order for two types of electrical parts for a new EV model, expected to bring CNY900 million to CNY1.2 billion (USD123 million to USD164 million) in revenue. Mass production of the EV is scheduled for May 2025.

- Type: Contract
- Announced: 2023-10-26
- Where: Xi'an, China, China
- Value: $164.0M (1.20B CNY)
- Status: announced
- Products: high-voltage electrical parts, low-voltage electrical parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Sinofuse Electric](https://endata.com/companies/73268.md)
- [German carmaker](https://endata.com/companies/73269.md) (customer)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/chinas-sinofuse-jumps-after-landing-up-to-usd1639-million-ev-parts-order-from-german-carmaker), 2023-10-26: "The deal shows that the buyer recognizes Sinofuse's product development and design, technical quality, and ability to guarantee production"

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