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Sumeeko's U.S. Plants Strives to Launch Production in Q4
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2024-05-06
Sumeeko's Q2 orders are expected to maintain at the Q1 level. Overall, although the overall auto market this year is shrouded in uncertainty, especially the sluggish European auto market, Sumeeko has successively gained many new customers during the pandemic, and has tapped into new EV models. The overall order performance is stable. Sumeeko's U.S. plant will start small-scale production in Q4 this year, and its contribution is expected to gradually appear in 2025. The company said that the U.S. plant has already received orders. Therefore, The orders the U.S. plant has received are counted on the extra capacity, rather than the orders transferrred to be processed in the U.S.
Sumeeko
auto market
U.S. plant
EV
extra capacity
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2024-05-06
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