SAIC, Audi, Volkswagen China Set Up Audi (Shanghai) Tech Firm
SAIC Motor, Audi AG, and Volkswagen (China) Investment Co. have jointly established Audi (Shanghai) Technology Co. , Ltd. , according to business registration records. The new company's scope includes artificial intelligence general application systems, basic AI software development, AI application software development, and AI theory and algorithm software development.
Audi (Shanghai) Technology Co. , Ltd. has been recently established, with its business scope covering artificial intelligence general application systems, basic AI software development, AI application software development, and AI theory and algorithm software development, among other areas.
Business registration information shows that the company is jointly held by SAIC Motor, Audi AG, and Volkswagen (China) Investment Co.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Artificial Intelligence, with intensity 50/100 and 60% confidence over a medium term horizon.
Artificial Intelligence
- Direction
- positive
- Intensity
- 50
- Confidence
- 60%
- Horizon
- Medium term
New Energy Vehicles
- Direction
- positive
- Intensity
- 40
- Confidence
- 50%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.