Recently, Beijing S-TECH Technology (“S-TECH”) and TuanChe Limited (“TuanChe” or “Company”), a major integrated automotive market in China, engaged into a strategic partnership agreement. S-TECH is a research-based technology business that specializes in the creation and production of automotive parts as well as the research, development, and design of custom automobiles.
Through this cooperation, both sides are able to benefit from one another’s resources and put one another’s needs first. As part of the company’s strategic expansion into the new energy vehicle (“NEV”) industry, the two businesses will investigate the potential applications of S-technology TECH’s and goods to help TuanChe is model development.
Through industry partnerships, TuanChe is strengthening its core automotive development team, and the strategic cooperation agreement is another step in that direction. This will help the company shorten the time to market, improve the vehicle’s positioning in the market, and boost its competitiveness. enables you to amplify Wei TuanChe Chairman and CEO Wen stated: “As more consumers adopt NEVs, sophisticated features, differentiating product design, and a smooth, personalized user experience have become crucial for automakers to separate out from the competition. With the help of TECH, we are optimistic in our capacity to create high-quality automobiles that will provide our customers more choices on our retail platform.
S-TECH, which was formally founded in 2015, has a top-notch professional staff and extensive experience in vehicle research and development. With the use of wire-controlled chassis, Intelligent Connected Vehicles (ICV), autonomous driving, and multi-material lightweight technology, S-TECH successfully introduced a number of his NEV models for mass production. Additionally, by participating in the creation of special edition vehicle models for the top automobile manufacturers in the world, members of the S-TECH team have amassed a lot of inventive knowledge.