(Reuters) – Germany’s Rheinmetall has won an order price greater than 1 / 4 billion euros within the electromobility segment, the economic group said in an announcement on Monday.
Rheinmetall said it might be providing the brand new 900-volt generation of electrically powered vehicles with a latest sort of contactor to a premium German automaker.
Contactors are electrically controlled switches that make it protected to show electric vehicles on and off, said Rheinmetall.
Starting in 2025, Rheinmetall will supply tens of thousands and thousands of those contactors for the automaker’s latest vehicle platform, the corporate said.
(Reporting by Anastasiia Kozlova, Editing by Miranda Murray)
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