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Volvo to launch joint venture with Chinese startup ECARX to develop smart car software systems
Published on: 2021-03-25
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Chinese technology startup Ecarx, which raised more than US$200 million in its latest round of fundraising in February, plans to establish a joint venture with Volvo to work on in-vehicle intelligent systems, the company announced on Wednesday.
 

The partnership is expected to begin operations in the third quarter, led by Jan-Erik Larsson, currently the head of research and development for Volvo in China. Headquartered in Gothenburg, Sweden, it will initially employ around 100 people.
 

Founded in 2016, Ecarx is an automotive intelligence technology company headquartered in Hangzhou, Zhejiang Province, with more than 1,700 employees. It has developed Android-based “infotainment” systems for automotive companies such as Geely, Lynk & Co and Proton.
 

With the new joint venture, Ecarx hopes to expand its global footprint, improve cost efficiencies and create new revenue streams, said Shen Ziyu, the company's chief executive.
 

The company's products include self-developed vehicle chipsets, intelligent cockpits, smart driving systems, high-definition maps, big data and vehicle-oriented cloud networks. It has received investment from firms like Baidu, SIG and the China Venture Capital Fund.
 

沃尔沃携手智能汽车技术初创公司ECARX成立合资企业,开发车载操作软件系统

沃尔沃周二表示,将与吉利投资的智能汽车技术初创公司亿咖通科技(ECARX)合作成立一家合资企业,开发车内操作软件系统。该合资企业总部将设在瑞典哥德堡,将为沃尔沃汽车、浙江吉利控股集团旗下的其他品牌以及其他的汽车厂家开发车内操作软件系统。
 

亿咖通科技(ECARX)是浙江吉利控股集团战略投资、独立运营的科技生态企业。公司专注于汽车智能化与网联化技术,提供智能数字座舱、智能驾驶系统以及智能联网生态平台等。

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