SHANGHAI, April 11,
2024 /PRNewswire/ -- SANY Group (SANY), a leading
construction machinery manufacturer, signed multiple strategic
cooperation agreements in March to accelerate the transition into
the new Industry 4.0 era led by clean energy technologies. Going
forward, SANY will deepen cooperation with Mitsui Sumitomo Group
(China) and its Innovation
Laboratory, as well as Panasonic Four-dimensional in the field of
battery asset management and risk control for new energy-heavy
trucks, jointly promoting the development of the battery circular
economy. Additionally, through collaboration with Ambarella, SANY
will focus on the intelligent development of the automotive market,
accelerating the advancement of higher-level intelligent solutions
and leading the new trend of machine-unmanned (AI) operation.
Driving the Development of New Energy-Heavy Trucks for a
Green and Efficient Future
The shift toward electric heavy-duty trucks is accelerating
worldwide, including in China, as
part of the broader movement toward low-emission transportation
solutions. Nevertheless, as these vehicles become more prevalent in
the market, potential adopters are expressing reservations. These
concerns largely stem from a lack of thorough analysis regarding
the total cost of ownership, uncertainty about the long-term asset
value, and the absence of holistic risk management services within
the sector.
To address this issue, SANY Heavy Truck, Mitsui Sumitomo Marine (China), Sumitomo Mitsui Offshore Group
Innovation Laboratory in China,
Panasonic four-dimensional have formed a highly coordinated and
compatible strategic alliance. They will leverage their respective
professional advantages, explore innovative solutions, and deepen
and broaden their future cooperation.
As part of this collaboration, SANY Heavy Truck and Panasonic
Four-dimensional will engage in in-depth discussions and
cooperation to establish and maximize the value of a battery asset
management system covering the entire lifecycle of electric heavy
trucks. Building on this partnership, Mitsui Sumitomo Marine (China) will actively explore risk prevention
measures and develop new insurance services tailored to the field
of electric heavy trucks, providing robust protection for their
widespread adoption and application. This trilateral cooperation is
a strong alliance driving the healthy and stable development of a
new energy-heavy truck industry, creating a green and efficient
future, and contributing to the goal of a decarbonized society.
Accelerating Industrial Intelligence Transformation:
Pioneering the New Wave of AI Control
SANY and Ambarella, an edge AI semiconductor company, (NASDAQ:
AMBA), have formed a strategic partnership. The collaboration aims
to focus on advanced mobility solutions for the global market. SANY
agreed to leverage Ambarella's advanced CV3-AD family of automotive
AI domain controller systems-on-chip (SoCs). The collaboration aims
to develop cutting-edge automated driving solutions, conduct
technical validation, and deploy them on SANY's upcoming commercial
and special-purpose vehicles. Moreover, the two companies will
collaborate on the joint development of high-performance and highly
integrated automated driving solutions, with a shared objective of
introducing the first collaborative vehicle model into production
by 2025.
Fermi Wang, Chairman, CEO, Director, and President of Ambarella,
highlighted the alignment between Ambarella and SANY in
digitalization and decarbonization. He emphasized Ambarella's AI
SoC's industry-leading features such as low power consumption, high
performance, and excellent image processing capabilities. Wang
mentioned the success of Ambarella's CV2 series and the advanced
capabilities of the 5nm CV3 series in supporting intelligent
driving functions without high-definition maps.
SANY is committed to being at the forefront of technological
leadership and quality superiority, propelling innovation within
the industry. By forging strategic alliances, SANY positions itself
in harmony with worldwide shifts toward decarbonization and digital
transformation, providing solutions that are both environmentally
sustainable and operationally efficient. As a result, SANY is
spearheading the new era of clean energy technology within its
industry.
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