FAWAY has been selected for the exterior project of a new energy brand client
FAWAY announced that it has received a notification for the exterior project from a well-known new energy brand customer and will develop exterior products for its two vehicle models. The project is expected to start mass supply in the first quarter of 2026 and at the end of 2026, with a lifecycle of 4-5 years and a total sales amount estimated at 700 million yuan
According to the Zhitong Finance APP, FAWAY (600742.SH) announced that Changchun FAWAY Group Automotive Parts Co., Ltd. recently received a designated notification via email from a well-known new energy brand OEM (name cannot be disclosed due to confidentiality requirements). The company will serve as the parts supplier for the customer, developing exterior products for two of its vehicle models, and will complete the product development work as required.
According to the customer's plan, the aforementioned project is expected to begin mass supply in the first quarter of 2026 and at the end of 2026, with an expected project lifecycle of 4-5 years and a total sales amount during the lifecycle estimated at RMB 700 million
