Shanghai (ZXZC)-On Nov. 30, AIWAYS, an internet automotive start-up, signed a strategic cooperation agreement with Bosch (China) Investment., Ltd. (hereinafter referred to as Bosch) in Shanghai. Both parties will make full use of their advantages to collaborate deeply in such cutting-edge technologies as advanced EV system technology, autonomous driving, lightweight and connected vehicles. Besides, they will jointly expand their global presence and accelerate the development of China's intelligent new energy vehicles. 

With the popularity of NEVs, more and more Internet electric vehicle start-ups are emerging. Gu feng, founder, CEO and CFO of AIWAYS, stated that the cooperation with Bosch will help AIWAYS to meet customers' demands on connected and intelligent new energy vehicles. China's fledging NEV industry needs the cooperation of start-ups and traditional enterprises to develop technologies and products collaboratively.

It is revealed that Bosch had partnered with almost 30 auto start-ups, including AIWAYS. In the future, Bosch will deepen the cooperation with OEMs, internet companies and start-ups to achieve development in the booming era of NEVs and self-driving vehicles.