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China’s Geely and Tencent to jointly develop smart car technology
One of China’s largest auto makers, Zhejiang Geely Holding Group, has entered into an agreement with investment holding company Tencent Holdings to develop advanced technologies for smart cars, according to online sources. Writes about this news agency Reuters with reference to the statement of the company Geely.
Geely said it will partner with Tencent to develop a smart car cockpit that will provide quick access to a wide range of mobile apps and services. In addition, the companies intend to consider the possibility of joint testing of autonomous driving technologies.
The source notes that the agreement with Tencent, which invests in electric car manufacturers, including Tesla and Nio, and is also developing technologies for smart cars, became Geely’s third in recent years.
It was announced earlier this month that Chinese search giant Baidu will assemble its own electric vehicles at Geely’s facilities. Geely and Foxconn announced a strategic partnership last week to create a joint venture to produce electric and autonomous vehicles for other companies. It is also worth noting that Geely owns Volvo Cars and 9.7% of Daimler.