Geely Joins Hands with NXP for Research and Development

The Geely Automobile Group has announced that it has signed a long-term strategic partnership with NXP, a global provider of automotive electronics solutions at the CES Show. The two companies will work collaborate closely on a new platform for research and development to come up with new innovations in semiconductor technology that can be used in the automobile industry. This will support Geely’s efforts to merge as a word-class automotive manufacturer and make it more competitive at the global level.

The initial focus of the partnership will on further enhancing in-vehicle infotainment and telematics through development of radio chips, state-of-the art automotive micro controllers, secure car access, automotive networks and other applications.

At a later stage, the partnership will cover technical and R&D cooperation with regard to advanced driver assistance systems (ADAS); intelligent interconnected vehicles or vehicle-to-everything (V2X); and automotive network security. The two companies entered into this partnership as part of a larger global drive to make cars more than just a means of transportation, transforming them into secure information hubs.

Speaking about the collaboration, Hu Zhengnan, director of Geely Automobile Group Research Institute, said that Geely Automobile Group’s core development goals for the next few years are to achieve an annual production target of 2 million units by 2020, and become one of the top 10 automotive companies in the world. He described the company’s cooperation with NXP as a win-win partnership for both parties.

Steve Owen, executive vice president of sales and marketing for NXP Semiconductors expressed his pleasure in signing a long-term strategic partnership with Geely Auto Group, which is China’s leading privately owned automotive company. The two companies have worked together for many years on car entertainment systems, especially in the field of high-performance application processing using NXP’s i.MX processor family. The new deal will have NXP continuing to serve Geely as a trusted adviser providing dedicated technology to help Geely’s brands become ever more competitive.”