Jingxi Group signed a multi-billion-yuan order with a leading Chinese new energy vehicle company to promote breakthroughs in magnetorheological suspension technology

Jingxi Group has won a magnetorheological suspension project from a leading Chinese new energy vehicle company. It will use its latest fourth-generation technology to provide the world's exclusive mass-produced MagneRide® magnetorheological suspension for high-end models. This is China's first large-scale mass production project for magnetorheological suspension, with an estimated annual installation of 50,000 vehicles and a total of about 250,000 vehicles in its entire life cycle. It will be mass-produced locally in the first half of 2025. In the next five years, MagneRide® magnetorheological suspension products will be installed on a large scale, achieving breakthroughs in domestic technology and localization of the supply chain.