Geely and Tencent sign cooperation deal to work on smart technologies

Geely Auto Group and Tencent have signed a strategic cooperation agreement in digitalization, intelligent cockpits, autonomous drive, and low carbon development, Geely announced on Monday.

“The two parties will work together to fully digitalise all aspects of an automotive product lifecycle from product development, manufacturing, marketing, vehicle utilization, to after-sales service using joint technologies," Geely said in a statement.

“The two parties will also work to develop the next-generation intelligent vehicle cockpits, integrating both Geely and Tencent ecosystems, opening up new mobile and mobility service applications, and improving user experience."

Geely also said that the two parties will explore simulated testing and validation of autonomous drive systems as well as support the development of the low carbon and carbon neutral automotive industry.

In the field of autonomous drive, the two parties will explore simulated testing and validation of autonomous drive systems. Through this partnership, Geely and Tencent will also promote low carbon development of the automotive industry and carbon neutrality as an industry goal.

An Conghui, President of Geely Holding Group, President and CEO of Geely Auto Group added: “ Looking ahead to the future, we must be open to cooperation, joint development, and new innovations.

“With a cooperative relationship spanning three years, Geely and Tencent is now deepening their partnership and working to digitalize the entire automotive value chain. At the same time, we hope to fulfil our responsibility to society by jointly promoting sustainable low carbon development throughout the automotive industry."

Tang Daosheng, Senior Executive Vice President of Tencent and President of Tencent Cloud and Smart Industry Group, said: “Tencent and Geely have cooperated with each other since 2018 and have achieved much together.

“As Geely’s strategic digital partner, Tencent hopes to help the Geely Auto Group further its digital transformation and promote further sustainable development of the automotive industry,” Daosheng added.

In 2018, Geely and Tencent cooperated for the first time to form a joint venture with China Railways developing high-speed Wifi, high-speed railway mobility service applications, and other digital services.