BEIJING/SHANGHAI: China’s Zhejiang Geely Holding Group, which owns Volvo Automobiles and holds 9.7% of Daimler, mentioned on Tuesday it has signed an settlement with Tencent Holdings Ltd to develop good automobile cockpit and autonomous driving.
Within the newest such partnership within the fast-evolving sector, the businesses will collectively develop good automobile cockpits to have extra cellular and mobility service functions, and discover testing of autonomous driving, Geely mentioned in an announcement.
The take care of Tencent, which has investments in EV makers together with Tesla and Nio, is creating good automobile applied sciences, is the third latest partnership by Hangzhou-based Geely with corporations concerned within the tech sector.
Geely mentioned this month it will launch a wise electrical automobile (EV) firm with Baidu Inc and later that it will kind a separate enterprise with Foxconn to supply contract manufacturing for automakers.