TransInfo Technology and HongQuan IoT jointly promote strategic cooperation on vehicle-road-cloud integration

On June 24, Qianfang Technology and Hongquan IoT signed a cooperation agreement, aiming to deepen technology and product cooperation, share resources, jointly expand the domestic market, and accelerate the implementation of vehicle-road-cloud integration. The two parties will improve smart hardware products and industry solutions and participate in project construction in various places. Qianfang Technology provides full-stack technology, and Hongquan IoT focuses on the development of vehicle-mounted equipment. With policy support, many places are actively promoting the construction of vehicle-road-cloud integration. Since 2016, Qianfang Technology has explored the path of autonomous driving, built a complete product system, and applied it in multiple traffic scenarios. Through strategic cooperation with Hongquan IoT, the two parties will promote the large-scale application of vehicle-road-cloud integration to improve urban traffic efficiency and safety.