KPSNC, a joint venture of Rheinmetall and HUAYU Automotive Systems, received an order for EV transmission housings worth at least €100 million from a US automaker with a large production facility in Shanghai. Production begins at the end of 2022 and will take six years to fulfill.
Rheinmetall, together with its Chinese joint venture KPSNC, received a $44.4 million order to supply chassis parts for an electric SUV from a Chinese EV startup. First deliveries are scheduled for October 2022.
Rheinmetall, together with its Chinese joint venture KPSNC, has won a major order for transmission housings from a world-leading electric vehicle maker. The six-year order is valued in the low three-digit million euro range, with production starting at end of 2022 in Shanghai.
Rheinmetall joint venture KPSNC won a major order from a leading international automaker for aluminium e-motor housings, with lifetime sales in the double-digit euro millions. Production starts in March 2021, contract runs for five years.