BAIC, LeTV sign strategic cooperation agreement
BEIJING, Mar. 23 (Xinhua) -- Chinese leading homegrown automaker BAIC Motor (01958.HK) and the Internet company Leshi Internet Information & Technology Corp. (LeTV, 300104.SZ) inked a strategic cooperation agreement on Monday, to join hands in building Inernet smart car ecosystem.
According to the agreement, LeTV will provide the intelligent system, EUI operating system, Internet of Vehicles system of Internet smart cars and relevant technological supports for BAIC.
The cooperation is expected to boost the business structure adjustment, transformation and upgrading of BAIC, and make it a global leading innovative automaker.
EUI system is a smart car user interface system developed by LeTV, which can be used in cars, mobile phones and TVs.
The first product jointly developed by the two sides will make a debut at the Shanghai International Automobile Industry Exhibition in April. (Edited by Li Xiaoyu, Lixy@xinhua.org)