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00425 MINTH GROUP
RTNominal unchange12.880 0.000 (0.000%)
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24/02/2020 09:00

Minth Gp (00425) gets nomination agreement from Volkswagen

[ET Net News Agency, 24 February 2020] Minth Group Limited (00425) said the group
obtained a nomination agreement from Volkswagen AG for production of aluminium battery
housing for its MEB platform in Europe.
As a result, the group has entered the procurement system of the global electric vehicle
platform of multiple OEMs and has secured orders from a number of major automotive brands
such as BMW, Daimler, Honda, Nissan, Renault, Ford, Volvo and Jaguar Land Rover. The group
has become one of the largest aluminium battery housing suppliers in the world. (RC)

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