Yazaki (China) Investment Co., Ltd. (YCIC) and Alt Automotive Technology Co., Ltd. (IAT) have signed a “Letter of Intent for Cooperation” on the establishment of a joint venture.
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Founded in 2007 , Beijing-based IAT’ss main business includes vehicle R&D, core parts R&D and manufacturing, as well as new energy vehicle (NEV) R&D/
According to GlobalData’s deals database, the two parties plan to work together to jointly develop core technologies for high-voltage power systems required by the new energy vehicle (NEV) industry and promote the establishment of a joint venture.
Through the cooperation between the two parties, YCIC aims to further enhance its contribution to the Chinese market and customers in the global market.
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By GlobalDataThe two parties plan to work together to jointly develop core technologies for high-voltage power systems required by the new energy vehicle industry and promote the establishment of a joint venture. Through the cooperation between the two parties, YCIC aims to further enhance its contribution to the Chinese market and customers in the global market.
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