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ECAT technology will establish a joint venture with Volvo cars in Gothenburg to jointly develop a new generation of vehicle intelligent operating system applicable to the world

The following is the ECAT technology will establish a joint venture with Volvo cars in Gothenburg to jointly develop a new generation of vehicle intelligent operating system applicable to the world recommended by recordtrend.com. And this article belongs to the classification: Industry information.

On March 23, 2021, ECAT technology and Volvo cars, a well-known international luxury car manufacturer, jointly announced that they would set up a joint venture to jointly develop a new generation of on-board intelligent operating system suitable for the global market. This cooperation will not only accelerate the technical cooperation between ECAT and Volvo car group, improve cost efficiency and create more business value, but also further deepen the global layout of ECAT and accelerate the development of internationalization strategy.

Mr. Henrik green, chief technology officer of Volvo cars, and MS. sanela ibrovic, head of intelligent Internet experience, attended the online signing ceremony

Shen Ziyu, CEO of ECAT technology, said: “ECAT technology is committed to becoming the leader of China’s automotive intelligent technology and has profound accumulation in the field of automotive intelligent technology. The establishment of the joint venture is another important measure for the internationalization strategy of ECAT technology. It will officially open the cooperation between ECAT technology and Volvo cars, integrate the technical advantages of both sides, bring the industry-leading high-quality intelligent cockpit interconnection experience to global users, and lay a solid foundation for the future in-depth cooperation between the two sides. “

The joint venture, which will be based in Gothenburg, Sweden, is expected to be officially put into operation in the third quarter of 2021, with Jan Erik Larsson, Volvo’s head of R & D in China, as CEO. The joint venture will develop a new generation of on-board intelligent operating system with application ecology and service ability in the global market, providing users with more intuitive, more personalized and higher quality intelligent interactive experience. At the same time, the system can also provide customized user interface to adapt to different brands of vehicles. Volvo car group will apply this system to the new generation of its brands. As the sole partner of the joint venture, ECAT will provide customized business cooperation based on this system for other automobile manufacturers in the global market.

Since its establishment in 2016, ECAT technology has developed into a leading unicorn in the field of automotive intelligent technology. The establishment of a joint venture with Volvo car is another milestone in the internationalization strategy of ECAT, following the establishment of the European headquarters and product R & D center in December 2020 and the cooperation with Visteon and Qualcomm, the world’s top technology companies, in February 2021 to develop global intelligent cockpit solutions.

Mr. Henrik green, chief technology officer of Volvo cars, and MS. sanela ibrovic, head of intelligent Internet experience, attended the online signing ceremony

“Volvo’s on-board intelligent operating system is one of the best on-board systems in the global market, providing users with an intelligent Internet experience comparable to that of smart phones,” said Henrik green, chief technology officer of Volvo cars. Through the cooperation with ECAT technology, Volvo will accelerate the development of on-board intelligent operating system, bring more high-quality intelligent interconnection functions to more models, and maximize the incentive for enterprises and developers to create better services and applications for users. “

Facing the future, ecarx technology and Volvo car have researched on the scheme of using ecarx automotive service to coordinate products and services and adapting ecarx hardware system in the Chinese market. In addition, the two sides will continue to explore more cooperation opportunities and possibilities based on the joint venture. ECAT technology will continue to promote the internationalization process of the company, and continue to provide technology and platform services for global customers.

About ECAT Technology:

Yichatong technology is an automobile intelligent technology company established in 2016, which is co founded by Mr. Li Shufu, a famous Chinese automobile entrepreneur, and Mr. Shen Ziyu. With more than 1700 employees, the company has set up branches and R & D centers in Hangzhou, Beijing, Shanghai, Wuhan, Dalian and Gothenburg, Sweden. ECAT technology not only focuses on core technology products such as car chips, intelligent cockpit, intelligent driving, high-precision maps, big data and cloud platform of Internet of vehicles, but also continues to build an industry-leading ecological open platform of Internet of vehicles, enabling vehicle enterprises to create more intelligent and safe travel experience. At present, the ICAT technology intelligent networking system has more than 2.5 million users worldwide. In 2020 and 2021, ECAT technology has also obtained strategic investment from Baidu, Haina Asia venture capital fund, China State owned capital venture capital fund, and Yangtze River Economic Driving networking industry fund. More reading: ECAT technology gets more than 200 million US dollars a + round financing, accelerates global layout, drives internationalization strategy Hurun: China’s car rich list in 2020 Li Shufu ranks first Forbes China: China’s car rich list in 2020 Ningde times Zeng Yuqun becomes the richest Volvo financial report: Volvo’s operating revenue in 2019 is 19.87 billion yuan Volvo: 55% people think that driverless cars should still be equipped with steering wheel. It’s common for the post-90s to drive luxury cars. Shanghai women’s favorite Volvo: China will dominate the global battery industry China’s most influential companies in 2016 Tencent Technology: 2014 domestic smart home market development report guestlogix: in 2015, global airlines provided 24% of on-board network services

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