# Woosu AMS wins KRW 490B supply contract with Hyundai Motor Group

Woosu AMS has secured a KRW 490 billion contract to supply 19 strategic components for Hyundai Motor Group's next-generation hybrid and electric vehicle platforms, including the TMED-II hybrid platform and eM/eS EV platforms. Supply will run from July 2024 to 2030.

- Type: Contract
- Announced: 2024-02-19
- Where: South Korea
- Value: $367.5M (490.0B KRW)
- Status: announced
- Products: differential assembly, motor cover, inverter housing, aluminum die-casting components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Woosu AMS Co., Ltd.](https://endata.com/companies/52422.md)
- [Hyundai Motor Company](https://endata.com/companies/6382.md) (customer)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/article/2024021914122835383), 2024-02-19: "이번 신규수주를 총괄한 하우상 상무(영업사업부장)는 “글로벌 완성차 시장내 현대차그룹의 Top3 진입과 더불어 성장을 이끌고 있는 하이브리드 및 전기차 시장의 화두인 부품 경량화에 결정적인 역할을 하고 있는 알루미늄 다이캐스팅 부품이 당사의 대규모 수주로 이어졌다는 점을 고무적으로 생각한다”고 전했다."
- [alphabiz.co.kr](https://www.alphabiz.co.kr/news/articleView.html?idxno=100201), 2024-02-19: "WOOSU AMS announced on the 19th that it has won 19 core strategic components for Hyundai Motor Group's next-generation platform (hybrid and electric vehicles)."

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