Anbofu (NYSE: APTV), a global technology company that promotes safer, greener, and more connected travel, and FAW Volkswagen Automotive Co., Ltd. (hereinafter referred to as FAW Volkswagen) signed a memorandum of understanding during the Shanghai International Automotive Industry Exhibition. The two sides will establish a joint laboratory to jointly promote the borderless integration and popularization of intelligent vehicle technology in China.
This cooperation is a new progress in Anbofu's continued deepening of its localization strategy of "in China, for China". Tang Haiyi, General Manager of the Active Safety and User Experience Business Unit of Anbofu in China, said, "Anbofu will fully leverage its unique systematic capabilities in both hardware and software in the industry. With a 'Chinese solution' rooted in local capabilities and industrial chains, it will comprehensively collaborate with FAW Volkswagen to focus on innovation in core technologies, fully empowering customers and the automotive industry to accelerate the transformation towards intelligent and software defined cars
Adhering to the concept of complementary advantages and collaborative innovation, the joint laboratory will focus on the research and development of core automotive technologies, integrating technology, resources, and talents around product areas such as vehicle electronic and electrical architecture, body domain control, intelligent cockpit, and advanced driving assistance systems, improving product performance and quality, and enhancing market competitiveness. Both parties will jointly promote the commercial promotion and application of products and technologies, and provide multi-level solutions that are safe, comfortable, and practical to meet the constantly increasing travel needs of Chinese consumers.
Tang Haiyi, General Manager of Anbofu's Active Safety and User Experience Division in China, and Deng Guohui, Technical Director of FAW Volkswagen, signed a memorandum of understanding on cooperation, marking the formation of a complementary and strategic partnership between the two sides. Through deepening technology and innovative applications, they will promote the boundaryless integration and popularization of intelligent automotive technology in China from multiple perspectives.
