Wencan Group wins $165M supply deals from two foreign NEV makers

Wencan Group was chosen as designated supplier to two overseas new energy vehicle manufacturers in deals worth up to CNY1.2 billion ($165 million). Its Tianjin factory will supply motor housings to a German vehicle manufacturer, and its Nantong factory will supply aluminum die-cast body structural components to another overseas EV maker.

“Wencan’s factory in Tianjin will supply motor housings to a well-known German vehicle manufacturer for the next five years.”yicaiglobal.com

• 1 source
• yicaiglobal.comWencan Soars After Chinese Firm Bags USD165 Million of Supply Deals From Two Foreign NEV MakersTang ShihuaJul 10, 2024

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