Chinese carmaker Zeekr Intelligent Technology, a subsidiary of Geely Auto, is entering the autonomous driving market. This move follows the company’s recent merger with its sister brand, Lynk.
Zeekr’s announcement also comes after BYD, the world’s leading electric vehicle manufacturer BYD, revealed plans to include an autopilot system in all of its vehicles. This move aims to make autonomous driving accessible to a broader range of Chinese consumers.
Zeekr, which is listed on the New York Stock Exchange, stated that its in-house developed level 3 (L3) self-driving technology will be unveiled at the Shanghai Auto Show in April.
“The L3 architecture will come to fruition soon,” CEO An Conghui said in a letter to Zeekr employees. He added that this next-generation technology would be superior to existing systems in terms of computing power, structure, performance, and safety.
These remarks from An followed the official completion of Zeekr’s acquisition of a 51 percent stake in Lynk, another premium EV brand under Geely, the second-largest automotive group in mainland China by sales.
According to a filing to the New York Stock Exchange on Friday, the merged entities are now operating under a fully integrated ecosystem.
