# Zhejiang Rongtai selected as supplier for overseas battery maker

Zhejiang Rongtai received a notice from an overseas power battery manufacturer to supply battery pack thermal runaway protection insulation parts. The project has a total sales value of about RMB 785 million over 4 years, with mass production expected in 2025.

- Type: Contract
- Announced: 2023-12-21
- Value: $110.0M (785.0M CNY)
- Status: announced
- Products: battery pack thermal runaway protection insulation parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Zhejiang Rongtai](https://endata.com/companies/74199.md)

## Sources

- [finance.ifeng.com](https://finance.ifeng.com/c/8VhNhOfWVmK), 2023-12-21: "浙江荣泰公告，近日收到了某海外动力电池制造商客户的定点通知，选择公司作为其电池包热失控防护绝缘件的供应商。"

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