# 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.

- Type: Contract
- Announced: 2023-10-27
- Where: Japan
- Value: $736.0M (5.40B CNY)
- Status: announced
- Products: electric vehicle parts and components, electric system kits
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [IAT Automobile Technology](https://endata.com/companies/53377.md) (supplier)
- [Yamato Industry](https://endata.com/companies/73329.md) (customer)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/chinas-iat-gains-after-securing-usd735-million-ev-parts-order-from-japans-yamato), 2023-10-30: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.