Beijing Hongdajiutong Technology Development signs strategic collaboration agreement with Yutraffic Technologies (Beijing).
Auto Business News-June 23, 2022--Beijing Hongdajiutong Technology Development signs strategic collaboration agreement with Yutraffic Technologies (Beijing)
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Auto Business News - 23 June 2022
Beijing Hongdajiutong Technology Development Co., Ltd. (HDtraffic), an operating affiliate of Luokung Technology Corp. (NASDAQ: LKCO), has signed a strategic collaboration agreement with Yutraffic Technologies (Beijing) Co. Ltd, a wholly-owned subsidiary of Siemens Mobility.
Under the collaboration, both firms are planning to jointly develop and create systemic product-based solutions with Yutraffic ,and partner with Yutraffic on commercial projects and demonstration projects in the fields of transportation digitalisation, Internet of Vehicles (IoV) and autonomous driving.
Dr. Wang Chuanjiu, HDtraffic CEO, said, 'We believe that this strategic cooperation between Yutraffic and HDtraffic will enable both parties to leverage their respective core competencies in areas such as autonomous driving...
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