# Xingyuan Zhuomei secures magnesium alloy reducer housing supply deal for NEVs

Xingyuan Zhuomei received a supplier appointment notice from an automotive parts manufacturer to develop and supply magnesium alloy reducer housing products for new energy vehicles. The project is expected to enter mass production in June 2025, with a total sales amount of approximately RMB 170 million over three years. The announcement was made on September 24, 2024.

- Type: Contract
- Announced: 2024-09-24
- Where: China
- Value: $24.0M (170.0M CNY)
- Status: announced
- Products: magnesium alloy reducer housing
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Xingyuan Zhuomei](https://endata.com/companies/80024.md)

## Sources

- [news.metal.com](https://news.metal.com/newscontent/102976632-xingyuan-zhuomei-secures-magnesium-alloy-reducer-housing-supply-deal-for-new-energy-vehicles-project-set-for-2025-mass-production), 2024-09-30: "The project is expected to enter mass production in June 2025, with a total sales amount of approximately RMB 170 million in the next three years."

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