On August 31, 2022, China's leading manufacturer of magnesium alloy precision components: CQBA Light Alloy Precision Manufacturing Corporation issued an announcement:
In May 2022, the company officially entered the global supply chain system of Mercedes-Benz Group AG (hereinafter referred to as "Mercedes-Benz") and became one of its magnesium alloy precision die-casting parts. It has successfully obtained the die-cast magnesium alloy supply order for its future electric vehicle platform, and developed and supplied magnesium alloy components for its electric vehicle platform.
Mercedes-Benz has set almost strict entry standards for its suppliers. With its years of development and accumulation in the magnesium alloy die-casting industry and the unremitting efforts of the entire team, Chongqing Boao finally successfully passed the Mercedes-Benz access audit.
Previously, the company developed magnesium-aluminum alloy die-casting instrument panel brackets, high-strength lightweight anti-vibration magnesium alloy car seat frames, automotive shock towers and other key automotive lightweight components have successfully entered BMW, Tesla, Ford, Porsche and CATL's global supply chain system.