Loading…
Xinzhi Group will become a designated supplier of motor stators and rotors for Aito-branded electric vehicles produced by Seres Group, expecting to earn CNY 500 million (USD 69 million) in revenue over three years. The deal was announced on June 13, 2024.
Xinzhi Group has been named the designated supplier of stators and rotors for Volkswagen's new energy vehicle electric drive project. The deal value and period were not disclosed.