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Mingteng International Expands Ongoing Strategic Collaboration with Leading NEV Top Tier Supplier in China to Support Sustainable Development
Globenewswire· 2026-01-12 14:00
Core Insights - Mingteng International Corporation Inc. is enhancing its collaboration with a leading supplier in the new energy vehicle sector to support the development of new energy technologies in the automotive market [1][4] Company Overview - Mingteng International is an automotive mold developer and supplier based in China, focusing on molds for auto parts, including turbocharger systems, braking systems, and new energy electric vehicle motor drive systems [5] - The company provides comprehensive mold services, including design, production, assembly, testing, repair, and after-sales service, aiming to create personalized and integrated "Turnkey Projects" for customers [5] Industry Context - The collaborating client specializes in core components for electric powertrain systems and has maintained a top market share in motor systems for NEV heavy-duty trucks from 2022 to 2024 [2] - The increasing use of aluminum alloy materials in electric drive and transmission systems highlights the importance of lightweight components for efficiency and the green transformation of the automotive industry [3] Strategic Direction - The company’s CEO emphasized that new energy technologies are transforming the automotive industry and that collaboration with NEV suppliers is crucial for supporting customers' expansion into new energy products [4] - Mingteng International plans to leverage collaborative innovation to promote sustainable development and facilitate the transition towards greener mobility solutions [4]