Geumyang Signs 78.7 Billion KRW Contract to Supply Electric Bus Battery Systems with Piline Motors

Geumyang, a secondary battery company headquartered in Busan, announced on the 7th that it signed a contract on the 6th to supply battery systems (battery packs, battery management systems, high-voltage control boxes, harnesses, etc.) for electric buses to P-Line Motors.

The supply scale amounts to 78.75 billion KRW over five years from 2026 to 2030.

Geumyang stated that the battery system to be supplied this time will apply the 21700-50E high-capacity cylindrical battery.