Infineon and Geely Automobile Group established an innovation application center to jointly promote the development of energy-saving and intelligent electric vehicles
Recently, Infineon Technologies, a global leader in automotive semiconductors, and Geely Automobile Group, a leading Chinese automobile manufacturer, established an innovation application center. The two parties will deepen long-term cooperation in fields such as smart cars, jointly focus on customer needs, and accelerate the implementation of new products and solutions. The Innovation Application Center is established at the Ningbo Hangzhou Bay Geely Automobile Research Institute to enhance teamwork and communication and accurately grasp the development direction of intelligent vehicles.
(Left) Li Chuanhai, Vice President of Geely Automobile Group, President of Geely Automobile Central Research Institute
(Right) Cao Yanfei, Senior Vice President of Infineon Technologies, Head of Automotive Business Greater China
Infineon and Geely have established continuous and solid cooperation in the fields of electric powertrain and ADAS overall system solutions, and have accumulated rich experience together. The establishment of the Innovation Application Center further strengthens the partnership between the two parties. Based on insights into customer needs, it promotes the implementation of more solutions and quickly launches new products to the market. The new innovation application center will expand cooperation in multiple application areas, such as electric powertrain, cockpit, functional domain/area control, chassis and ADAS, etc., bringing value to both parties in terms of performance improvement.
(from left to right)
Fu Chaohui, director of the Electronic and Electrical Equipment Center of Geely Automobile Central Research Institute;
Wang Yan, Vice President of Infineon Technologies, Head of Greater China Sales for Automotive Business;
Li Chuanhai, Vice President of Geely Automobile Group, President of Geely Automobile Central Research Institute;
Cao Yanfei, Senior Vice President of Infineon Technologies and Head of Automotive Business in Greater China;
Ren Xiangfei, Vice President of Geely Automobile Central Research Institute;
Wang Liwen Technical Director of Infineon Automotive Business Greater China, Head of Chassis and Intelligent Driving Systems Business Unit
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Cao Yanfei, Senior Vice President of Infineon Technologies, Head of Automotive Business Greater China
Geely is Infineon's long-term and important partner in the Chinese market and has achieved fruitful cooperation results in many fields. The establishment of the Innovation Application Center symbolizes a solid step taken by both parties in in-depth cooperation. It will further leverage the brand advantages and agglomeration effect of both parties, bring more complementary resources, and promote continued cooperation between the two parties. Infineon will give full play to the "bridgehead" function of the innovation application center to better serve Geely and accelerate the implementation of more solutions.
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Li Chuanhai Vice President of Geely Automobile Group and President of Geely Automobile Central Research Institute
We are very pleased to have in-depth cooperation with Infineon, the global leader in automotive semiconductors, and to establish an innovation application center to build an efficient and direct cooperation system. We believe that this cooperation will help both parties combine the development trends of intelligence, electrification, and connectivity. , for more application planning. Geely is very pleased to rely on Infineon's leading automotive business solutions to gain advantages in product performance, system integration and market competitiveness.
About Infineon
Infineon Technologies AG is a global semiconductor leader in power systems and the Internet of Things. Infineon drives decarbonization and digitalization with its products and solutions. The company has approximately 58,600 employees worldwide and generated revenue of approximately 16.3 billion euros in the 2023 fiscal year (ending September 30). Infineon is listed on the Frankfurt Stock Exchange (stock code: IFX) and on the OTCQX international over-the-counter market in the United States (stock code: IFNNY). For more information, please visit www.infineon.com.
About Geely
Geely Automobile Group was founded in 1997 and is affiliated to Zhejiang Geely Holding Group. It is headquartered in Hangzhou, Zhejiang and is China's leading automobile manufacturer. Geely Automobile Group owns leading brands such as Geely Automobile, Lynk & Co, Proton Automobile and Geometry Automobile.
In the 2022 Fortune Global 500 list, Geely Holding Group ranked 229th with revenue of US$55.86 billion. This is the 11th consecutive year that Geely Holding Group has ranked among the Fortune Global 500. In the 2022 ranking of the top ten automobile groups with the highest global brand portfolio value released by Brand Finance, Geely Holding Group ranked 8th and is the only Chinese automobile group on the list.
At the end of October 2020, Geely Automobile became the first Chinese brand car company to successfully achieve global cumulative sales of more than 10 million vehicles. As of the end of April 2022, Geely Automobile's global cumulative sales exceeded 12 million vehicles. Geely Automobile has been the annual sales champion of Chinese brand passenger cars for five consecutive years .
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