Geely teams up with Tencent, GM with Microsoft on smart car technology

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BEIJING/SHANGHAI: China's Zhejiang Geely Holding Group, which owns Volvo Cars and holds 9.7% of Daimler, said on Tuesday it has signed an agreement wi...

Workers on a Lynk & Co car production line at Geely’s Yuyao plant in Ningbo city, China. Lynk & Co, founded in 2016, is a Chinese-Swedish automobile brand owned by Geely. Founded in 2016, REUTERSPIXChina'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.

Geely said this month it would launch a smart EV company with Baidu Inc and later that it would form a separate venture with Foxconn to provide contract manufacturing for automakers. "Our mission to bring safer, better, and more affordable transportation to everyone isn't just a tech race – it's also a trust race," Cruise chief executive Dan Ammann said.

 

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