Mercedes-Benz Group is preparing to take a new step to strengthen its software and technology presence in China. According to Bloomberg, the German automotive giant plans to acquire a minority stake in Chongqing Qianli Technology (Qianli), which is backed by Geely.
According to sources, the deal will be part of Mercedes’ strategy to increase its software capabilities in the Chinese market and may be announced in the coming days.
This investment aims to increase the brand’s competitiveness, particularly in the field of autonomous driving technologies.China stands out as one of the fastest-developing markets for intelligent driving technologies. Mercedes’ move is considered a strategic step to compete with both local and global rivals. In particular, Geely’s strong local network and Qianli’s advanced software solutions offer a significant opportunity for Mercedes.
In recent years, electric vehicles and autonomous driving systems have become the most critical investment areas in the automotive sector. While Tesla, BYD, and other Chinese manufacturers are taking rapid steps in this area, Mercedes is also choosing the path of growth through technological partnerships. Analysts say this investment will strengthen Mercedes’ position in the smart driving competition not only in China but also in the global market. It is also being discussed that the company may pursue broader collaborations in the future. Mercedes is expected to announce the agreement with Qianli soon.
