ECARX Announces Strategic Partnership with FAW Group to Develop Intelligent Cockpits for Its Premium Hongqi Brand
SHANGHAI, China, April 18, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology provider, today announced a strategic partnership with China FAW Group Co., Ltd. (“FAW Group”), China’s leading automaker, to develop next-generation intelligent cockpits for the premium Hongqi brand of vehicles.
- SHANGHAI, China, April 18, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology provider, today announced a strategic partnership with China FAW Group Co., Ltd. (“FAW Group”), China’s leading automaker, to develop next-generation intelligent cockpits for the premium Hongqi brand of vehicles.
- ECARX and FAW will combine their considerable research and development capabilities and technological strengths to build an end-to-end value chain for the development of intelligent cockpits with the goal of setting new industry benchmarks.
- As part of the strategic partnership, both parties will co-develop and co-design cockpit domain controllers and terminal products within brand ecosystem and offer maintenance for connected-car systems.
- Working together on developing intelligent cockpits for their flagship brand is a vote of confidence in ECARX and is a reflection of the quality of our products and our ability to drive innovation.”