Geely transfers manpower and resources from its research institute and sub-brand Lotus to invest in new cooperation projects

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It is reported that Geely Auto will transfer manpower and resources from its research institute and the intelligent driving team of its sub-brand Lotus to invest in a new cooperation project with Megvii Technology (Maichi Intelligent Driving). This cooperation is expected to combine the mass production experience of the car company and the algorithm capabilities of the AI company to create new technological achievements. This cooperation will not only serve Geely's brands, but also plans to look for external development opportunities, which may be implemented in the form of a joint venture.