Geely Merges Smart Driving Units and Hires Ex-Huawei Executive in Restructuring
Chinese automaker Geely Holding Group is executing a significant restructuring of its intelligent driving research and development operations by merging three existing divisions into a single entity. This strategic move, aimed at optimizing costs and consolidating resources, involves over 3,000 engineers from Geely Auto and its electric vehicle brand, Zeekr. The consolidated operations will be housed within Chongqing Qianli Smart Driving Technology Co., a joint venture established in June with a Chongqing government fund and AI firm Megvii. Leading this new entity is Wang Jun, the former president of Huawei’s smart vehicle unit, whose hiring marks a key executive appointment. This restructuring occurs alongside broader operational reshuffling, including Geely Auto’s planned privatization of Zeekr later this year. The collaboration with Megvii, backed by Alibaba, focuses on developing software-defined vehicles in Chongqing’s Liangjiang New Area. Reported by the 21st Century Business Herald and TechNode, this development highlights Geely's efforts to streamline its autonomous driving capabilities amidst intense competition in the Chinese electric vehicle market.
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Geely Merges Smart Driving Units and Hires Ex-Huawei Executive in Restructuring
Chinese automaker Geely Holding Group is executing a significant restructuring of its intelligent driving research and development operations by merging three existing divisions into a single entity. This strategic move, aimed at optimizing costs and consolidating resources, involves over 3,000 engineers from Geely Auto and its electric vehicle brand, Zeekr. The consolidated operations will be housed within Chongqing Qianli Smart Driving Technology Co., a joint venture established in June with a Chongqing government fund and AI firm Megvii. Leading this new entity is Wang Jun, the former president of Huawei’s smart vehicle unit, whose hiring marks a key executive appointment. This restructuring occurs alongside broader operational reshuffling, including Geely Auto’s planned privatization of Zeekr later this year. The collaboration with Megvii, backed by Alibaba, focuses on developing software-defined vehicles in Chongqing’s Liangjiang New Area. Reported by the 21st Century Business Herald and TechNode, this development highlights Geely's efforts to streamline its autonomous driving capabilities amidst intense competition in the Chinese electric vehicle market.
TechNode