Group News: T3 technology platform company joint venture cooperation agreement signed

January 19, 2020
Recently, Dongfeng Motor Group Co., Ltd. (hereinafter referred to as "Dongfeng Company"), China Ordnance Equipment Group Co., Ltd. (hereinafter referred to as "Weapon Equipment Group"), China FAW Group Corporation (hereinafter referred to as "China FAW"), Chongqing Changan Joint Venture and Cooperation Agreement of T3 Technology Platform Co., Ltd. (hereinafter referred to as "Changan Automobile") and Nanjing Jiangning Economic Development Technology Development Co., Ltd.

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Prospective technology leader to build core competitiveness of integrated automotive industry

The registered capital of the T3 technology platform company signed this time is 16 billion yuan. Among them, Dongfeng Company invested 4 billion, 25% of the shares; Weapon Equipment Group (including Changan Automobile) invested 4 billion U.S. dollars, 25% of the shares; China FAW invested 4 billion, 25% of the shares; Jiangning Economic Development Technology invested 4 billion, 25% stake.

T3 Technology is positioned as a high-tech platform company that supports mobile travel. The goal is to develop core systems and modules that are urgently needed in automobiles in key areas such as intelligent networking and new energy; to lead the platform and to differentiate by modules to create a super-smart new The energy chassis and electronic control platform support the development of two-way intelligent new energy vehicles.

In specific details, T3 Technology Platform will face future driving, future cars, future ecology, focus on new energy, intelligent network connection and other technological trends, and focus on the development of electric platforms and advanced chassis control, hydrogen fuel-powered platforms, intelligent driving and central computing. Platforms and other core technologies, to obtain key resources in related fields, to achieve a new round of automotive technology upgrades, and promote the formation of the car's core competitiveness.

Gathering the power of government and enterprises to create a first-class R & D force in the industry

After years of development, China's automobile market has ranked first in the world for 11 consecutive years in terms of production and sales, and the automobile industry has become one of the pillar industries of the national economy. In the years of market tide, the automobile industry has also developed some critically competitive auto companies and brands.