GAC Group and Luxshare-ICT joint venture Lisheng Technology starts production in Guangzhou

Lisheng Technology, a joint venture between GAC Group and Luxshare-ICT, has commenced production at its intelligent driving control system R&D and production project in Nansha district, Guangzhou. The project, with a total investment of around 3 billion yuan, covers approximately 100 mu and is expected to reach an annual output value of around 10 billion yuan at full capacity.

“Lisheng Technology is now equipped with the capability to research, develop, and mass-produce key components for intelligent connected vehicles, including both hardware and software.”news.metal.com

• 1 source
• news.metal.comGAC Group, Luxshare-ICT’s joint venture goes into operation - Shanghai Metals Market (SMM)Jul 26, 2024

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