Yin Qi takes over Qianli Technology

Yin Qi's acquisition of Qianli Technology (formerly Lifan Technology) is considered by the industry to be an important breakthrough for Megvii Technology in its layout of the smart car industry. It is reported that Megvii Technology is considering introducing the concept of AI to build cars, that is, putting Megvii Technology's AI technology on cars, and may build Robotaxi based on Ruilan Automobile under Qianli Technology. Relevant information may be announced in the first half of 2025 or mid-year.