Tencent partnership will expedite Geely's autonomous and smart tech development
By MYBRANDBOOK
Following the news that China-based Geely Auto Group has partnered with technology conglomerate Tencent Holdings Ltd;
Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view:
“The partnership between Geely and Tencent will offer significant value to the China’s next-gen mobility market. Both the companies aim to co-develop intelligent cockpits, autonomous technology, work on low car development and digitalization of automotive products.
“Geely Auto Group can use Tencent’s automotive capabilities to expedite is autonomous and EV projects and enhance its existing offering with new in-vehicle technologies from Tencent. Geely has already been exploring the next-gen mobility space with new product development, partnerships and collaboration. The new partnership will offer Geely a competitive edge in the market.
“Geely Auto, which also owns Volvo, Lotus and Lynk, and holds 9.7% stake in Daimler, has been investing significantly in connected, electric and autonomous technologies. Earlier this month, the company announced plan to launch a EV company with tech giant Baidu. The company also formed a JV with Foxconn to offer contract manufacturing to automakers.
“Tencent has also been strengthening its offering in the automotive technology, and has worked with automakers such as BAIC and Changan besides backing Geely’s ECARX Technology. The company’s automotive arm Tencent Automotive Intelligence (TAI) has expertise in artificial intelligence and cloud computing technologies and offers solution including algorithms for autonomous vehicles, networking services and location-based services.
The latest version of X helps prevent deepfakes on social medi
To combat deepfakes and shallowfakes, Elon Musk revealed a new update t...
India and Namibia collaborate on a payment system similar to U
Once operational, the platform will enable digital transactions in Namibia,...
Sebi issues show-cause notices to six Adani group firms
Sebi issued show-cause notices to six Adani Group firms, including Adani ...
Microsoft to build a new data centre to support Thailand's tec
Microsoft has revealed intentions to construct a regional data centre as w...
LUMINOUS POWER TECHNOLOGIES PVT. LTD.
BEETEL TELETECH LTD.
MATRIX COMSEC PVT. LTD.
TALLY SOLUTIONS PVT. LTD.
Technology Icons Of India 2023: Dr. P D Vaghela
Dr PD Vaghela serves as the Chairperson of Telecommunications Regulato...
Technology Icons Of India 2023: Vijay Shekhar Sharma
Vijay Shekhar Sharma is an Indian technology entrepreneur and billiona...
Technology Icons Of India 2023: Honorary Prof. N. Balakrishnan
Prof. N. Balakrishnan is an Indian aerospace and computer scientist. H...
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
BBNL empowering rural India digitally
BBNL provide high speed digital connectivity to Rural India at afforda...
Aadhaar: Architecting the World's Largest Biometric Identity System
The Unique Identification Authority of India (UIDAI) is a statutory au...
B D SOFTWARE
BD Software is the distributor of IT security solutions in India. The ...
EXCLUSIVE NETWORKS SALES INDIA PVT. LTD.
Exclusive Networks is a globally trusted cybersecurity specialist hel...
NETPOLEON SOLUTIONS
Netpoleon Group is a Value-Added Distributor (VAD) of Network Security...