Sinyuan ZM secures NEV magnesium alloy components deal
2025-08-07 15:36:50 [Print]
Ningbo Sinyuan ZM Technology Co
. , Ltd . has been selected by an undisclosed Chinese auto parts manufacturer to supply magnesium alloy powertrain housing components for a new energy vehicle (NEV) project . Mass production is set to begin in late March 2026, with total contract sales over the 2026-2031 period estimated to reach about RMB713 million (USD99 . 34 million).