Navinfo and Alibaba Cloud forge strategic partnership

Beijing-based Navinfo (SZSE:002405) has announced a strategic cooperation framework agreement with Alibaba Cloud Computing Co., Ltd. The partnership will focus on collaborative operations and exploration, leveraging the strengths of both companies in areas such as large language model applications, advanced driver-assistance systems (ADAS) and connected vehicle technology, automotive industry-specific cloud solutions, overseas services for automotive enterprises, and intelligent transportation. The agreement aims to create secure and compliant cloud infrastructure, advance data governance, and develop solutions for intelligent cockpits and overseas market expansion. This five-year agreement does not involve specific monetary amounts and is subject to further details and implementation. Navinfo emphasized that the collaboration will extend its market reach, enhance product competitiveness, and advance its automotive intelligence strategy.