# 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.

- Type: New facility
- Announced: 2024-07-26
- Where: Nansha district, Guangzhou, China
- Value: $415.0M (3.00B CNY)
- Starts operating: 26 Jul 2024
- Status: completed
- Capacity: annual output value of around 10 billion yuan at full capacity
- Products: smart cockpit domain controllers, central domain controllers, V2X terminals, high-voltage harnesses, driving monitoring systems, autonomous driving domain controllers
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Lisheng Technology](https://endata.com/companies/78817.md)
- [GAC Group](https://endata.com/companies/18928.md) (partner)
- [Luxshare Precision Industry](https://endata.com/companies/40559.md) (partner)

## Sources

- [news.metal.com](https://news.metal.com/ko/newscontent/102874234-gac-group-luxshare-icts-joint-venture-goes-into-operation), 2024-07-26: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.