According to Foton Motor, on September 21, BAIC Group and Shandong Heavy Industries Group held a strategic cooperation signing ceremony. At the ceremony, Beiqi Foton Motor Co., Ltd. and Weichai Power Co., Ltd. signed a special strategic cooperation agreement. BAIC Foton and Weichai Power will focus on comprehensive, in-depth and practical cooperation in key areas such as supporting collaboration on core components, joint research and development of new energy products, and integration of intelligent connectivity technology.

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