Chervon Automotive won a designated project from a new energy vehicle parts company, with sales expected to reach 189 million yuan

Recently, Chervon Automotive announced that it has been selected as a supplier of controller housings by a well-known new energy vehicle parts company. The project is expected to last for 4 years, with total sales of approximately RMB 189 million, and is scheduled to start mass production in 2024. Since November 5, 2023, Chervon Automotive has obtained two designated projects from this customer, covering products such as motor housings and electronic control housings, with an estimated total life cycle sales of approximately RMB 630 million.