GAC Group, Luxshare-ICT’s joint venture goes into operation

Shanghai (Gasgoo)- GAC Group a few days ago announced that Lisheng Technology, a joint venture with Luxshare Precision Industry Co., Ltd. (“Luxshare-ICT“), has already commenced production. Lisheng Technology was established in June 2023 by GAC Group and Luxshare-ICT, focusing on the localized R&D of core automotive domain control components. Luxshare-ICT holds a 45% stake, while […]