Xinzhi Group to supply motor parts for Aito EVs

Xinzhi Group will become a designated supplier of motor stators and rotors for Aito-branded electric vehicles produced by Seres Group, expecting to earn CNY 500 million (USD 69 million) in revenue over three years. The deal was announced on June 13, 2024.

“Xinzhi will provide Aito-branded vehicles with motor stators and rotors, the Zhejiang province-based supplier announced yesterday.”yicaiglobal.com

• 1 source
• yicaiglobal.comChina’s Xinzhi Expects USD69 Million From Supplying Parts for Aito EVs Over Three YearsTang ShihuaJun 14, 2024

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