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Rheinmetall wins quarter-billion euro order for e-vehicle parts

Published 01/02/2023, 06:31 AM
Updated 01/02/2023, 06:35 AM
© Reuters. FILE PHOTO: The logo of Rheinmetall is displayed at the Eurosatory international defense and security trade fair in Villepinte, near Paris, France June 13, 2022. REUTERS/Benoit Tessier

(Reuters) - Germany's Rheinmetall has won an order worth more than a quarter billion euros in the electromobility segment, the industrial group said in a statement on Monday.

Rheinmetall said it would be providing the new 900-volt generation of electrically powered vehicles with a new type of contactor to a premium German automaker.

Contactors are electrically controlled switches that make it safe to turn electric vehicles on and off, said Rheinmetall.

Starting in 2025, Rheinmetall will supply tens of millions of these contactors for the automaker's new vehicle platform, the company said.

Latest comments

Oh great, maybe this company could instead do the thing that is suppose to do and that build tanks and other military vehicles so countries that ordered them don't have to wait decades to get them since for some war is pretty much at their doorstep.
Oh great, maybe this company could do what they are suppose to do though and thats built tanks and other military vehicles so countries that ordered them don't have to wait decades to get since for some, war is pretty much at our doorstep.
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