Hanse Mobility's Foray into Automotive Parts Industry with a $1 Trillion Sales Goal by 2025
Creatrip Team
a year ago
HanseYes24, a traditional fashion company, has ventured into the automotive parts industry by acquiring Hanse Mobility, formerly YRAE AMS. The company boasts significant overseas patents and technical prowess in automotive parts manufacturing, including contracts with luxury brands like Porsche and Maserati. This diversification is aimed at countering the declining sales in the fashion market due to economic pressures. Hanse Mobility plans to leverage HanseYes24's global infrastructure to drive innovation in the automotive industry, with a target of $1 trillion in sales by 2030.
