China Automotive Research Institute and Geely establish an automotive technology company.

According to the QiChaCha app, recently, China Automotive Technology Research Center Co., Ltd. was established, with a registered capital of 80 million yuan. Its business scope includes engineering and technical research, experimental development; automotive parts research and development; measurement technology services; software development, etc. QiChaCha's equity penetration shows that the company is jointly held by China Automotive Research and Geely Automobile Research Institute Co., Ltd.