# Daedong Gear secures KRW 1.24 trillion order for electrified vehicle parts

Daedong Gear secured a project to supply core components for Hyundai Motor and Hyundai Transys' electrified drive systems, including ASS'Y parts for hybrid vehicles and reducer modules for EV platforms, with an estimated supply value of KRW 1.2398 trillion from 2025 to 2036.

- Type: Contract
- Announced: 2024-12-03
- Where: South Korea
- Value: $900.0M (1239.8B KRW)
- Status: announced
- Products: ASS'Y parts for hybrid drive systems, reducer modules for EV platforms
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hyundai Motor Company](https://endata.com/companies/6382.md) (customer)
- [Hyundai Transys](https://endata.com/companies/39515.md) (customer)
- [Daedong Gear](https://endata.com/companies/75246.md) (supplier)

## Sources

- [daedong-kioti.com](https://www.daedong-kioti.com/news/daedongnews/1262), 2024-12-03: "Daedong Gear Co., Ltd., a powertrain specialist subsidiary of Daedong Group, announced on December 3 that it has secured a project to supply core components for Hyundai Motor Company and Hyundai Transys' electrified drive system, the 'e-powertrain.'"

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