# Asia-Pacific Mechanical receives $522M order for electronic parking brakes

Asia-Pacific Mechanical & Electronic was named the designated supplier of an overseas carmaker to supply electronic parking brakes for two new models. The order is worth up to CNY 3.8 billion ($522 million), with mass production expected to start in 2026 and end in 2034.

- Type: Contract
- Announced: 2024-07-10
- Value: $522.0M (3.80B CNY)
- Status: announced
- Products: electronic parking brakes
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Asia-Pacific Mechanical & Electronic](https://endata.com/companies/78551.md)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/chinas-asia-pacific-mechanical-soars-on-usd522-million-electric-park-brakes-order-from-foreign-carmaker), 2024-07-11: "Asia-Pacific Mechanical was named the designated supplier of an overseas carmaker to supply EPBs for its two new models."

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