(Yicai Global) Dec. 11 -- Yilun Machinery has penned a deal with Geely Holding to supply liquid cold plates for the carmaker's electric vehicles.

Yilun will begin delivery from 2021, it said in a statement on Dec. 10. The two Zhejiang-based firms expect total sales over the product's life cycle to reach around CNY1.2 billion (USD174 million).

The supplier makes heat exchange components for cars and already works with the Chinese joint ventures of Ford and Renault; Jaguar Land Rover's United Kingdom factory and General Motors' plant in the United States, alongside other internationally renowned carmakers.

Editor: James Boynton