Ping An Automobile Signs Strategic Cooperation Agreement with Volkswagen! Expanding Electronic and Electrical Architecture Technology Collaboration
【River Financial Cube News】 August 15, Ping An Automobile announced on the Hong Kong Stock Exchange that it has signed a strategic cooperation agreement to expand electronic and electrical architecture technology with Volkswagen Group.
The signing of this expanded cooperation agreement marks a landmark moment for the joint development of industry-leading electronic and electrical architectures, which will not only be integrated into Volkswagen's pure electric vehicle platform in China but also deployed to its gasoline-electric hybrid vehicle platform in China. The technology strategic cooperation between the two parties will expand to broader markets.
Prior to this, Ping An Automobile and Volkswagen Group signed a joint development agreement for electronic and electrical architecture technology on July 22, 2024, and have since jointly developed electronic and electrical architectures at an accelerated pace with "Chinese speed", achieving key milestones in the project.
Based on the consensus between the two parties regarding the application scope of expanding electronic and electrical architecture, Ping An Automobile has signed a strategic cooperation agreement to expand electronic and electrical architecture technology.
Editor: Tao Jiyan | Reviewer: Li Zhen | Supervisor: Guqin