On March 26, according to Bibost, Hubei Henglong Automotive Systems Group Co., Ltd. and Bibost Automotive Electronics Co., Ltd. formally signed a strategic cooperation agreement at Hang Lung Group headquarters. According to the strategic cooperation agreement, Hang Lung Group and Bibost will deepen cooperation in the fields of rear-wheel steering, wire-controlled steering, and XYZ triaxial integrated control of intelligent chassis. The two sides will jointly invest in production capacity, accelerate the implementation of rear-wheel steering and fusion control products within the year, and plan to mass produce cooperative products with wire-controlled steering and XYZ three-axis fusion control over the next 2-3 years.

On March 26, according to Bibost, Hubei Henglong Automotive Systems Group Co., Ltd. and Bibost Automotive Electronics Co., Ltd. formally signed a strategic cooperation agreement at Hang Lung Group headquarters. According to the strategic cooperation agreement, Hang Lung Group and Bibost will deepen cooperation in the fields of rear-wheel steering, wire-controlled steering, and XYZ triaxial integrated control of intelligent chassis. The two sides will jointly invest in production capacity, accelerate the implementation of rear-wheel steering and fusion control products within the year, and plan to mass produce cooperative products with wire-controlled steering and XYZ three-axis fusion control over the next 2-3 years.