# Yazaki and IAT Automobile Technology form joint venture for high-voltage systems

Yazaki (China) Investment Corporation and IAT Automobile Technology Co., Ltd. concluded a joint venture agreement to establish Beijing IAT Yazaki New Energy Technology Co., Ltd. in Beijing, China. The joint venture will research, develop, and produce high-voltage systems for new energy vehicles, with capital of CNY 50 million. IAT will hold 60% and YCIC 40%.

- Type: Partnership
- Announced: 2024-08-08
- Where: Beijing, China, China
- Value: $7.00M (50.0M CNY)
- Status: announced
- Products: high-voltage systems for new energy vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Yazaki](https://endata.com/companies/27128.md) (partner)
- [IAT Automobile Technology](https://endata.com/companies/53377.md) (partner)

## Sources

- [automotiveworld.com](https://www.automotiveworld.com/news/yazaki-conclusion-of-joint-venture-agreement-with-iat-automobile-technology/), 2024-08-08: "Yazaki (China) Investment Corporation, the Chinese subsidiary of Yazaki Corporation, has concluded a joint venture agreement with independent Chinese automotive engineering company IAT Automobile Technology Co., Ltd. to establish a joint venture to engage in the research & development of high-voltag"

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