Shanghai (ZXZC)- Chinese truck manufacturer FAW Jiefang and global automotive supplier ZF Friedrichshafen AG (ZF Group) forged a strategic partnership at the IAA Commercial Vehicles in Hanover, Germany to jointly work on providing consumers with intelligent traffic and transportation solutions.

Under the newly-signed framework agreement, both companies agreed to join forces to develop new products and new technologies in manufacturing, maintenance and test. Meanwhile, they will work together on improving the supply-demand relationship, brand strategy and marketing services and mutually sharing managerial experience.

Both parties will make full use of respective advantages to develop electric drive system, ADAS (advanced driver assistance systems), EPS (electric power steering) and other products and technologies related to energy conservation, environmental protection and intelligent connectivity.

Hu Hanjie, chairman of FAW Jiefang, a wholly owned subsidiary of FAW Group, said that FAW Jiefang aims to become a top-ranking provider of intelligent traffic and transportation solutions in China and the world. The partnership with the world-leading automotive supplier ZF Group will help FAW Jiefang fully wield its own advantages and achieve the goal earlier.

“ZF Group concentrates its self-owned technology resources on four major domains, namely, autonomous driving, electric drive system, integrated safety system as well as vehicle control. We are looking forward to helping FAW Jiefang reinforce its dominance in China's commercial vehicle industry by using our advanced technologies, reliable products and profound understanding on the market demands,” said Fredrik Staedtler, executive vice president of commercial vehicle technology division at ZF Group.