Dongfeng FAW Changan jointly funded the establishment of T3 mobility company in Nanjing

March 25, 2019
On March 22, Dongfeng Motor Group Co., Ltd., China First Automobile Group Co., Ltd. and Chongqing Changan Automobile Co., Ltd., together with Internet companies such as Tencent, Ali and Suning, officially signed a joint venture agreement in Nanjing to jointly establish T3 Mobility. the company. At the same time, T3 Mobility and signed an investment agreement with Nanjing Jiangning Economic and Technological Development Zone, and the T3 Mobility company settled in Nanjing Jiangning. Since the signing of the strategic cooperation agreement in July 2018, the establishment of the new company marks the official landing of the three major central enterprises T3 Mobility  projects. This is a travel platform after Dongfeng Motor Corporation built the “Dongfeng Mobility” platform.

With the vision of “becoming the most trustworthy travel service company”, T3 Mobility Company will fully release the product and technical strength of Dongfeng, FAW and Changan for many years, and rely on the advantages of partners in big data management and application to create a more network. Lianhua, the shared "smart Mobility ecosystem", strive to provide users with high-quality, high-security, efficient travel services and a more enjoyable lifestyle. T3 Mobility Company will realize full market operation in terms of talents, technology, organization and capital, promote business model innovation, open cooperation with the industry, and achieve industrial win-win development.

T3 Mobility Company will combine the strength of partners in various fields to take the online car market as an entry point to jointly build smart travel services based on national information and traffic safety and cloud computing platforms, and play an active role in promoting the transformation and upgrading of China's auto industry. The T3 Mobility company will also deepen its interaction and cooperation with the national traffic management department and local government to create a more intelligent, low-carbon, and shared urban transportation system and make positive contributions to building a smart city.

T3 Mobility company shareholders include: Suning Investment, Dongfeng Company, China FAW, Changan Automobile, Shenzhen Tencent New Travel, Shenzhen Segali Asset Management, Hangzhou Alibaba Venture Capital Management, Wuxi Feiye Investment, Xianning Rongyi Smart Mobility Industry Investment Fund, Nanjing Hengchuang Yunzhi Network Technology, Nanjing leader.

As a completely new market-operated mobility company, the establishment of T3 Mobility Company will inject new vitality into China Mobile  service market, providing consumers with high-quality, high-security and convenient mobility services, in line with the country's mobile travel market. The requirements of normative management will also be an important support for cross-departmental and multi-industry interaction and building a new ecology of smart travel. In the future, the T3 Mobility platform will work together with the “Dongfeng Mobility” platform to contribute to the new energy business of Dongfeng Motor Corporation. (Reported by Xiawu Nanjing)