Xusheng Group: Clinches Deals Worth Around 7.8 Billion Yuan with a North American New Energy Vehicle Producer
2 week ago / Read about 0 minute
Author:小编   

On January 5th, reports emerged indicating that Xusheng Group had recently made an announcement about securing a fixed-point (designation) notice from a North American new energy vehicle manufacturer. This notice pertains to the supply of various components, including powertrains, body parts, subframes, and battery boxes. Based on the customer's blueprint, the designated project is anticipated to span roughly 8 years, with total sales projected to reach approximately 7.8 billion yuan. Mass production is slated to kick off by the close of 2026. The anticipated mass production of this project at the end of 2026 is not expected to exert a substantial influence on the company's operating performance for the current year, nor will it compromise the company's business autonomy. Moreover, the subsequent execution of the contract will not lead to the company becoming overly reliant on the customer.