# Neo Auto wins KRW 242.9B reducer parts supply contract with Hyundai Transys

Neo Auto signed a contract with Hyundai Transys to supply DIFF GEAR ASSY I-DAS and DIFF ASSY I-DAS for EV and hybrid vehicles. The total supply value is about KRW 242.9 billion, with supply from 2025 to 2032, and production at a new fourth factory expected to be completed this year.

- Type: Contract
- Announced: 2025-04-08
- Where: South Korea
- Value: $180.0M (242.9B KRW)
- Status: announced
- Products: DIFF GEAR ASSY I-DAS, DIFF ASSY I-DAS
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Neo Auto](https://endata.com/companies/84022.md)
- [Hyundai Transys](https://endata.com/companies/39515.md) (customer)

## Sources

- [finance-scope.com](https://www.finance-scope.com/article/view/scp202504080011), 2025-04-08: "네오오토가 현대트랜시스와 전기차(EV) 및 하이브리드 차량용 핵심 감/변속기 부품 신규 수주 계약을 체결했다고 8일 밝혔다."

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