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Agricultural Development Bank of China
China Brands

China FAW, Dongfeng Motor and Changan join forces on shared-car business

July 16, 2018


Abstract : China FAW Group Corporation, Dongfeng Motor Corporation and Chongqing Changan Automobile Co., Ltd announced to co-establish T3 shared-car travel service company, reported Shanghai Securities News.

dongfeng changan

BEIJING, July 16 (Xinhua) -- China FAW Group Corporation, Dongfeng Motor Corporation and Chongqing Changan Automobile Co., Ltd announced to co-establish T3 shared-car travel service company, reported Shanghai Securities News.

The T3 travel service company will utilize the advantages of all three parties, carrying out high customization of vehicle products and data information platform application to ensure the user's experience and safety.

The three parties will also utilize the advantages of autonomous driving technology to provide more efficient and safe travel services to customers.

China FAW, Dongfeng Motor and Changan signed a strategic cooperation framework agreement in Wuhan last December, confirming that the three parties will cooperate in four areas of forward-looking generic technology, automobile full value chain operation, expansion of overseas markets and exploration of new business models. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)

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Keyword: FAW Changan Dongfeng-Motor China-brand

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