# Keyang Electric Machinery wins KRW 288B seat motor order from Hyundai and Kia

South Korea's Keyang Electric Machinery won an order to supply seat motors to Hyundai Motor and Kia Corporation, with a contract valid from February 2026 to December 2029 and expected sales of KRW 288.41 billion.

- Type: Contract
- Announced: 2024-10-25
- Where: South Korea
- Value: $215.0M (288.4B KRW)
- Status: announced
- Products: seat motors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hyundai Motor Company](https://endata.com/companies/6382.md) (customer)
- [Kia](https://endata.com/companies/10600.md) (customer)
- [Keyang Electric Machinery](https://endata.com/companies/80645.md) (supplier)

## Sources

- [marklines.com](https://www.marklines.com/en/news/316458), 2024-10-25: "South Korea's Keyang Electric Machinery Co., Ltd. announced that it has won an order for seat motors from Hyundai Motor Company and Kia Corporation."

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