Sinyuan ZM secures new NEV magnesium alloy component order
2025-11-05 16:03:18 [Print]
Ningbo Sinyuan ZM Technology Co., Ltd. has received a nomination from an undisclosed Chinese new energy vehicle (NEV) manufacturer to develop and supply magnesium alloy powertrain housing components. Mass production is scheduled to begin in the third quarter of 2026, with total sales estimated at about RMB2.02 billion (USD284 million) over 2026-2029.
The order reflects the customer's recognition of Sinyuan ZM's expertise in lightweight automotive materials and manufacturing, further solidifying the company's position in the NEV magnesium alloy powertrain market.
The order reflects the customer's recognition of Sinyuan ZM's expertise in lightweight automotive materials and manufacturing, further solidifying the company's position in the NEV magnesium alloy powertrain market.

