Lizhong Sitong receives CNY 5.5B aluminum wheel orders from automakers

Lizhong Sitong Light Alloys Group received orders worth a total of CNY 5.5 billion (USD 778.5 million) from an international carmaker and a leading NEV manufacturer for aluminum alloy wheels. Production for the foreign automaker starts early 2025 and lasts 10 years; for the NEV maker, production starts May 2025 and lasts 5 years.

“Lizhong’s plants in China’s Hebei province, Mexico, and Thailand received notifications from an international carmaker and a leading new energy vehicle manufacturer to become their designated supplier of aluminum allow wheels.”yicaiglobal.com

• 1 source
• yicaiglobal.comChina’s Lizhong Lands Orders for USD779 Million of Aluminum Alloy WheelsTang ShihuaOct 9, 2024

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