SeAH Mechanics Signs 180 Billion KRW Electric Vehicle Battery Module Cover Supply Contract with LG Energy Solution
Seamechanics, an aluminum die-casting specialist company led by CEO Changhyun Jo, recently signed a supply contract with LG Energy Solution for battery module covers for electric vehicles destined for the North American market, scheduled for delivery from 2025 to 2035, worth 177.2 billion KRW (the payment amount is subject to change depending on market conditions). The expected contract amount represents 202% of the previous year's sales, and with this order, the company has recorded an order backlog of 655.7 billion KRW.
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Seamechanics is a specialized aluminum die-casting company primarily producing eco-friendly automotive parts for electric and hydrogen vehicles, as well as TV drive mechanism products.
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