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A Chinese manufacturer of electric vehicle drive systems provides automotive motors to Vitesco Technologies [formerly Continental] Hay:U01ZJWL

China’s leading automotive drive system manufacturer, ZJWL Drive System Technology Group, announced on the evening of December 22 that ZJWL has recently signed a contract with German Vitesco Technologies [formerly Continental] to provide Vitesco with electric vehicle motors. The estimated sales amount of the products corresponding to this fixed-point letter during its life cycle is approximately 2.2 billion yuan, and the project implementation cycle is expected to be from 2021 to 2028.

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