Daedong Gear wins $137M EV parts order from Hyundai Motor

Daedong Gear Co. announced on January 25, 2024 that it has won a 183.6 billion won ($137 million) components order from Hyundai Motor Co. for Output Shaft Sub Ass'y for Hyundai's new EV platform. The supply period is from 2025 to 2036.

“Daedong Gear Co. announced on Thursday that it has won a 183.6 billion won ($137 million) components order from Hyundai Motor Co. for the automaker's new electric vehicle (EV) platform Output Shaft Sub Ass'y.”kedglobal.com

• 2 sources
• kedglobal.comDaedong Gear to supply $137mn EV parts to Hyundai - KED GlobalDong-Joo KimJan 25, 2024
• just-auto.comDaedong to supply transmission shafts for Hyundai EVs - Just AutoGraeme RobertsJan 26, 2024

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