IAT Automobile Technology Signs 470 Million Yuan Production Procurement Contract

MT Newswires Live01-02

IAT Automobile Technology (SHE:300825) and subsidiary Shanghai Lingrui signed a production procurement contract with Japanese engineering service company AIM Co. for the AIM EVM project.

The contract is valued at 470 million yuan, based on total project orders, according to a Dec. 30, 2024 filing with the Shenzhen bourse.

The contract includes electric vehicle development, production and delivery and covers the period from Dec. 26, 2024, to Dec. 31, 2030.

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