Ekatong and Volvo establish a joint venture to develop intelligent systems
China Automotive News, March 24th Yesterday, Ekatong Technology and Volvo Cars, a world-renowned luxury car manufacturer, jointly announced that they will establish a joint venture to jointly develop a new generation of in-vehicle intelligent operating systems suitable for the global market. This cooperation will not only accelerate the technical cooperation between Yikatong Technology and Volvo Car Group, improve cost efficiency and create more commercial value, but also further deepen the global layout of Yikatong Technology and accelerate the development of the internationalization strategy.
Yigato Technology CEO Shen Ziyu said: “Yigato Technology is committed to becoming a leader in China’s automotive intelligent technology and has deep accumulation in the field of automotive intelligent technology. The establishment of the joint venture is Another important measure of the internationalization strategy of science and technology. It will officially open the cooperation between Yikatong Technology and Volvo Cars, integrate the technical advantages of both parties, and bring industry-leading high-quality smart cockpit interconnection experience to global users, and provide the future depth of both parties. Cooperation lays a solid foundation.'
The joint venture company will be located in Gothenburg, Sweden, and is expected to be officially put into operation in the third quarter of 2021, with Jan-Erik Larsson, Volvo Car’s head of research and development in China, as the CEO. The joint venture company will develop a new generation of in-vehicle intelligent operating systems with global market application ecology and service capabilities, and provide users with a more intuitive, personalized, and higher-quality intelligent interactive experience. At the same time, this system can also provide a customized user interaction interface to adapt to different brand models. Volvo Car Group will apply this system to new generation models of its brands. Ekatong Technology will be the sole partner of the joint venture to provide customized commercial cooperation based on this system for other automakers in the global market.
Since its establishment in 2016, Ekatong Technology has developed into a leading unicorn in the field of automotive intelligent technology. The establishment of a joint venture with Volvo Cars follows the establishment of the European headquarters and product Ru0026D center in December 2020, and the cooperation with the world’s top technology companies Visteon and Qualcomm to develop global smart cockpit solutions in February 2021. Yikatong Technology’s internationalization strategy Another milestone in the process.
Volvo Car’s Chief Technology Officer Henrik Green said: “Volvo’s in-vehicle intelligent operating system is one of the best in-vehicle systems on the global market, and it can provide users with an intelligent connected experience comparable to smartphones. Through the cooperation of technology, Volvo Cars will accelerate the development of in-vehicle intelligent operating systems, bring higher-quality intelligent interconnection functions to more models, and maximize incentives for enterprises and developers to create better services and applications for users.'
Facing the future, ECARX Technology and Volvo Cars have launched research on the use of ECARX Automotive Service collaborative products and services in the Chinese market and the adaptation of ECARX hardware systems. In addition, the two parties will continue to explore more opportunities and possibilities for cooperation based on the joint venture company. Ekatong Technology will also continue to promote the company's internationalization process and continue to provide global customers with technology and platform service capabilities.
