Zhejiang Rongtai receives $50M EV parts supply contract from North American automaker

Zhejiang Rongtai Electrical Equipment Co., Ltd. received a supply contract from an unnamed North American new energy vehicle customer for lightweight safety structural parts. The contract has a total value of approximately RMB 365 million (about $50 million) over 2-3 years, with mass production expected to begin in the first half of 2024.

“公司于近日收到了北美某新能源汽车客户的定点通知，选择公司作为其新能源汽车新型轻量化安全结构件产品的供应商。”paper.cnstock.com

• 1 source
• paper.cnstock.com浙江荣泰电工器材股份有限公司关于获得客户定点项目的公告|上海证券报Mar 1, 2024

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