# Posco International signs $765M EV parts deal with GM

Posco International has signed an eight-year deal worth KRW1 trillion ($765 million) to supply EV traction gears to General Motors from 2024 to 2032.

- Type: Contract
- Announced: 2023-11-09
- Value: $765.0M
- Status: announced
- Products: EV traction gears
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [General Motors](https://endata.com/companies/4654.md) (customer)
- [POSCO International](https://endata.com/companies/44533.md) (supplier)

## Sources

- [just-auto.com](https://www.just-auto.com/news/posco-inks-ev-parts-deal-with-us-automaker/), 2023-11-09: "We cannot reveal the client’s name due to a confidentiality agreement."

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