The Zhitong Finance App learned that Botai Auto Federation (02889) rose nearly 8% at the end of the session. As of press release, it rose 7.98% to HK$56.15, with a turnover of HK$83.125 million.

According to news, Botai Auto Federation has recently reached a global supply cooperation with Jeep to target high-end smart cockpit domain controllers and AI in-vehicle interaction system services for its two major brands. It will cover overseas core markets such as Europe, the Middle East, and South America to help mainstream brands under the Stellantis Group accelerate global intelligent transformation.

This collaboration is based on the launch of a new joint venture layout between Stellantis and Dongfeng Motor. Under the framework of Dongfeng Stellantis Automotive Technology Co., Ltd., the two sides jointly developed two electric models under the Jeep brand. Vehicle development was led by the new company, and the production base was located at the DPCA plant in Wuhan.

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