# Daedong Gear secures 180 billion KRW EV components order from Hyundai

Daedong Gear secured a partnership worth 180 billion KRW for EV components from Hyundai.

- Type: Contract
- Announced: 2024-11-29
- Where: South Korea
- Value: $129.0M (180.0B KRW)
- Status: announced
- Products: EV powertrain components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hyundai](https://endata.com/companies/6090.md) (customer)
- [Daedong Gear](https://endata.com/companies/75246.md) (supplier)

## Sources

- [theworldfolio.com](https://www.theworldfolio.com/interviews/daedong-gear-bets-on-ev-powertrains-to-drive-international-expansion/6556/), 2024-11-29: "This effort has led us to secure a partnership worth 180 billion KRW for EV components from Hyundai."

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