BAIC Group and NXP Sign Strategic Cooperation on Automotive Digitalization and Internet of Things Applications
On September 7, BAIC Group announced the formal signing of a strategic cooperation memorandum with NXP Semiconductors ("NXP"), a provider of automotive electronics and secure Internet of Things solutions.According to the memorandum, the two sides will conduct research and development and cooperation around automotive digitalization, secure Internet of Things applications and technology integration, including security car access control, shared car, cloud services, battery management and adas.It is reported that BAIC Group will entrust Beiqi Langu Information Technology Co., Ltd. to implement the follow-up work between BAIC and NXP, and the two parties will jointly assign special personnel to form a joint working group.
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