Beijing (ZXZC)- On June 20, Chinese intelligent driving solutions provider Freetech signed an agreement with the Hangzhou Municipal Government to establish its global R&D management headquarters in Hangzhou High-Tech Zone (Binjiang).

Signing event; photo credit: Freetech

Under the agreement, Freetech will construct a new global R&D management headquarters in Hangzhou, leveraging the city's technological talent and industrial innovation advantages. This move aims to accelerate the development of integrated software and hardware intelligent solutions with advanced autonomous driving at its core, particularly focusing on upgrading and iterating software, algorithms, and artificial intelligence and intelligent connected vehicle technologies. 

Photo credit: Freetech

As a tech company deeply rooted in the intelligent mobility sector, this agreement further strengthens Freetech's core position in Hangzhou, enhancing the city's influence and advantages as a digital innovation hub in China and globally. The R&D management headquarters and innovative manufacturing application base project will feature a total investment of 2 billion yuan.

Freetech possesses comprehensive intellectual property rights and a fully integrated solution for ADAS. The company offers diverse, cost-effective, and reliable mass production solutions, assisting global automakers achieving a win-win situation in terms of experience and profitability, and ultimately driving the transformation of intelligent mobility for users. 

To date, Freetech has served over 40 automotive brands, with more than one million sets of intelligent driving products delivered in 2022. The company's high-speed NOA pilot & parking integrated solution has achieved mass production and has been implemented in various models such as the Geely Boyue L and Lynk & Co 09 EM-P long range edition.