Alte Automotive Technology GmbH established a wholly owned subsidiary in Germany

IAT Automotive Technology GmbH has established a wholly-owned subsidiary, IAT Technology GmbH, in Bad Soden-Salmünster, Germany, with a registered capital of 300,000 euros. This move is to better expand the international market, especially German and European well-known brand customers, and enhance the company's competitiveness in the European new energy vehicle market.