IAT, Yazaki set up JV to tap NEVs

Beijing's economic and technological development area welcomed another joint venture focused on new energy vehicles this week.

Beijing IAT Yazaki New Energy Technology Co Ltd, a joint venture between IAT Automobile Technology Co Ltd and Yazaki (China) Investment Corp, was officially established on Monday in Beijing E-Town — an economic and technological development area in the southeast of the capital.

The two companies will collaborate in depth on high-voltage systems, which will consolidate ETown's foundation of the NEV industry and enhance the resilience of its industrial chain.