IAT Automobile Technology secures $736M EV parts order from Yamato Industry

IAT Automobile Technology received an electric vehicle parts and components order worth about CNY5.4 billion ($736 million) from Yamato Industry. Yamato will purchase 14,000 sets of electric system kits for Isuzu vehicles and 21,000 sets for Mitsubishi Canter trucks from next year to 2026.

“Yamato will purchase 14,000 sets of electric system kits for Isuzu-branded vehicles... and 21,000 sets of electric system kits for the Mitsubishi Canter... from next year to 2026.”yicaiglobal.com

• 1 source
• yicaiglobal.comChina's IAT Gains After Securing USD735 Million EV Parts Order From Japan's YamatoTang ShihuaOct 30, 2023

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