# Happy Forgings receives order for E-Axle components for electric SUVs

Happy Forgings received a 7-year contract from a leading global automotive component manufacturer to supply E-Axle components for electric SUVs in the US passenger vehicle market, with cumulative value estimated at Rs 320-350 crore.

- Type: Contract
- Announced: 2024-05-03
- Where: United States
- Value: $40.0M (3.35B INR)
- Status: announced
- Products: E-Axle components for electric SUVs
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Happy Forgings Ltd](https://endata.com/companies/71037.md) (supplier)

## Sources

- [business-standard.com](https://www.business-standard.com/markets/capital-market-news/happy-forgings-bags-supply-order-of-components-for-electric-suv-124050300108_1.html), 2024-05-03: "Being selected as a trusted supplier for Electric SUV components reaffirms our expertise and manufacturing prowess."

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