ZEEKR, Intel ink strategic cooperation MoU

Shanghai (Gasgoo)- ZEEKR Intelligent Technology, the company behind Geely’s premium electric vehicle brand ZEEKR, signed a strategic cooperation memorandum of understanding (MoU) with Intel, a world’s leader in semiconductor innovation, on Apr. 13, according to a post on ZEEKR's WeChat account.

Based on the foundation of their previous successful cooperation, the two companies will explore a more in-depth collaboration in the development of automotive hardware products, intelligent in-car applications and solutions, as well as the ecosystem construction, aiming to offer users the new energy vehicle (NEV)-dedicated intelligent in-car experience and other innovative products.

Photo credit: ZEEKR

In Aug. 2021, ZEEKR Intelligent Technology signed investment partnerships with five strategic investors with Intel Capital as the leading one.

Following an evaluation of external financing solutions to accelerate ZEEKR’s future sustainable development, the five strategic partners agreed to invest in ZEEKR’s Pre-A funding. The strategic investors were expected to receive an aggregate shareholding equivalent to around 5.6% of the enlarged issued share capital of ZEEKR.

Of the investors, Intel Capital, part of Intel, is a global investor in emerging technologies.

Notably, ZEEKR announced it would collaborate with Mobileye, Intel-owned self-driving tech company, to expand their strategic technology partnership with a goal to deliver the world’s first consumer autonomous vehicles with L4 capabilities by 2024.

Read more

⊙Toyota, Honda, Nissan all face sales slump in China in Mar.

Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods.