# Baiyu Holdings signs $60M electric lithium battery supply contract with Feng's Auto Parts

Baiyu Holdings, through its subsidiary BMYA New Energy Technology, signed a $60 million contract with Feng's Auto Parts to supply 50,000 electric lithium battery sets. Deliveries are expected by May 2025.

- Type: Contract
- Announced: 2024-08-29
- Where: Florida, United States
- Value: $60.0M
- Status: announced
- Products: electric lithium batteries
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Baiyu Holdings](https://endata.com/companies/79487.md)
- [BMYA New Energy Technology](https://endata.com/companies/79488.md)
- [Feng's Auto Parts](https://endata.com/companies/79489.md) (customer)

## Sources

- [beareyes.com.cn](https://beareyes.com.cn/2/lib/202408/29/20240829722.htm), 2024-08-29: "This major contract not only demonstrates our significant progress in expanding our business into the energy storage and lithium battery industry, but also further proves the effectiveness of our strategy and reflects the high recognition of our industry strength by the US market."

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