# Daedong Gear wins KRW 1.24 trillion order from Hyundai Motor and Hyundai Transys

Daedong Gear, a power-train specialist of Daedong Group, has secured a contract worth approximately KRW 1.2398 trillion to supply next-generation hybrid vehicle ASS'Y parts and EV platform reducer modules to Hyundai Motor and Hyundai Transys. Supply will run from 2025 to 2036.

- Type: Contract
- Announced: 2024-12-03
- Where: South Korea
- Value: $900.0M (1239.8B KRW)
- Status: announced
- Products: hybrid vehicle ASS'Y parts, EV platform reducer modules
- 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

- [mk.co.kr](https://www.mk.co.kr/news/business/11184894), 2024-12-03: "이번 수주를 바탕으로 국내외 전기차 시장뿐만 아니라 하이브리드 모듈화 부품 사업영역 확장을 지속적으로 추진하겠다"

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