Chijet Motor (CJET) announced the execution of an exclusive technology cooperation framework agreement with Tagvance. This collaboration establishes an exclusive strategic alliance in the autonomous driving domain for passenger and commercial vehicles, as well as intelligent mobility platforms, positioning Chijet at the forefront of next-generation mobility solutions. Under the agreement, Tagvance grants Chijet exclusive global rights to integrate, commercialize, and deploy its cutting-edge autonomous driving technology into Chijet-branded vehicles. The partnership encompasses comprehensive technical collaboration, with Tagvance providing essential specifications, software interfaces, and sensor integration guidelines. At the same time, Chijet contributes vehicle platforms, hardware adaptations, and regulatory compliance support across key jurisdictions. Intellectual property developed jointly will be co-owned on a 50-50 basis, fostering innovation while preserving each party’s core assets.
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