South Korean tire manufacturer Nexen Tire has made a significant breakthrough in the electric vehicle (EV) market, securing its first original equipment (OE) supply contract with Chinese automaker BYD. The partnership marks a major milestone for Nexen, as it looks to expand its presence in the rapidly growing EV sector. BYD, one of the world's leading EV manufacturers, will be fitting Nexen's tires on its latest models, further solidifying the company's commitment to sustainability and eco-friendliness. As the demand for EVs continues to rise globally, Nexen's partnership with BYD positions the company for future growth and increased market share in the highly competitive tire industry.
Nexen Tire wins first OE supply contract with BYD EVs Automotive World
