FAW Group Corporation (FAW) signed a strategic cooperation framework agreement with Cambricon Technologies Corp Ltd., a successful Chinese startup specializing in artificial intelligence or AI chips, in Changchun on Sept 1.
Through an all-round, multi-tiered and wide-ranging form of cooperation, the two sides will leverage their respective strengths to jointly enhance the R&D and application of cutting-edge autonomous driving technologies in the future.
FAW is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China’s oldest and largest automotive group. Annual sales exceed three million units.