China's Geely teams up with Tencent on smart car tech

    The companies will jointly develop smart car cockpits to have more mobile and mobility service applications, and explore testing of autonomous driving. 
    By REUTERS
    | Updated on Jan 19 2021, 05:03 PM IST
    FILE PHOTO: A Geely Xingyue Coupe SUV is seen displayed at the second media day for the Shanghai auto show in Shanghai, China April 17, 2019.  REUTERS/Aly Song/File Photo
    FILE PHOTO: A Geely Xingyue Coupe SUV is seen displayed at the second media day for the Shanghai auto show in Shanghai, China April 17, 2019. REUTERS/Aly Song/File Photo (REUTERS)
    FILE PHOTO: A Geely Xingyue Coupe SUV is seen displayed at the second media day for the Shanghai auto show in Shanghai, China April 17, 2019.  REUTERS/Aly Song/File Photo
    FILE PHOTO: A Geely Xingyue Coupe SUV is seen displayed at the second media day for the Shanghai auto show in Shanghai, China April 17, 2019. REUTERS/Aly Song/File Photo (REUTERS)

    China's Zhejiang Geely Holding Group, which owns Volvo Cars and holds 9.7% of Daimler, said on Tuesday it has signed an agreement with Tencent Holdings Ltd to develop smart vehicle cockpit and autonomous driving.

    In the latest such partnership in the fast-evolving sector, the companies will jointly develop smart car cockpits to have more mobile and mobility service applications, and explore testing of autonomous driving, Geely said in a statement.

    Also read: Looking for a smartphone? To check mobile finder click here.

    Also Read: Here’s how much money Tencent lost after PUBG Mobile was banned in India

    The deal with Tencent, which has investments in EV makers including Tesla and Nio, is developing smart car technologies, is the third recent partnership by Hangzhou-based Geely with companies involved in the tech sector.

    Geely said this month it would launch a smart electric vehicle (EV) company with Baidu Inc and later that it would form a separate venture with Foxconn to provide contract manufacturing for automakers.

    Follow HT Tech for the latest tech news and reviews , also keep up with us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.

    First Published Date: 19 Jan, 05:03 PM IST
    NEXT ARTICLE BEGINS
    keep up with tech