BEIJING, Nov. 17, 2022 /PRNewswire/ -- TuanChe Limited ("TuanChe" or the "Company") (NASDAQ: TC), a leading integrated automotive marketplace in China, has recently signed a strategic cooperation agreement with IAT Automobile Technology Co., Ltd. ("IAT") (Shenzhen Stock Exchange: 300825), one of the first batch of China's high-tech enterprises and a leading independent vehicle research and development ("R&D") solution provider in China and Asia. IAT is specialized in vehicle R&D, as well as development and manufacture of core vehicle components, among others. This strategic partnership will further bolster Tuanche's R&D and manufacturing capabilities for new energy vehicles ("NEVs") and accelerate its planned expansion into the NEV market.
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