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Abby Yuan

Volkswagen acquired 75.1% of WirelessCar, a Volvo Auto Networking subsidiary.

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Volkswagen purchased 75.1% of Volvo's WirelessCar Vehicle Networking Company for 1.1 billion Swedish kronor. It plans to use WirelessCar's networking technology to help accelerate the development of digital ecosystems and provide comprehensive intelligent networking services in its next generation of cars.

At present, WirelessCar has 370 IT employees in its offices in Sweden, North America and China. WirelessCar has its own open smart networking platform, with Jaguar Land Rover, Daimler, Nissan and Volvo as its customers. WirelessCar also develops digital services including concierge services, billing services, security and emergency services. The WirelessCar platform has about 3.5 million Internet-connected cars worldwide through its Internet platform.

Volkswagen plans to use WirelessCar's networking technology to help it accelerate the development of digital ecosystems and provide comprehensive intelligent networking services in its next generation of automobiles. Volkswagen also plans to develop value-added services for its customers so that they can access these services through Volkswagen Cloud Platform (VAC). In September 2017, Volkswagen signed an agreement with IBM to jointly develop digital mobile services.

As a auto parts supplier, Chongqing Feilong Jiangli will keep up-to-date information on new information and new energy industries

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