BIBO and MouXing Technology Sign Strategic Cooperation Agreement

On June 25, BIBO (Shanghai) Automotive Electronics Co., Ltd. (hereinafter referred to as "BIBO") and MouXing Technology (Jiangsu) Co., Ltd. (hereinafter referred to as "MouXing Technology") signed a strategic cooperation agreement at BIBO's Shanghai R&D Center. Liu Xiaohui, General Manager of BIBO, and Zhu Ping, General Manager of MouXing Technology, signed the agreement on behalf of both parties.

Based on the principles of win-win cooperation and mutual benefit, BIBO and MouXing Technology will give full play to their respective resource advantages, carry out comprehensive cooperation in the field of electromechanical brake systems (EMB), enhance their technological leading advantages in the field of next-generation intelligent chassis, jointly explore the technical research of integrated chassis control, and accelerate the rapid mass production of EMB products. The two parties will establish a long-term and stable cooperative relationship, jointly realize the coordinated development of both parties, and strive to provide customers with more advanced products and better services.

Both parties sign the strategic cooperation agreement

Liu Xiaohui, General Manager of BIBO:

The electromechanical brake system (EMB) is the cornerstone of the development of next-generation intelligent chassis electronic and electrical architecture, and it is a very forward-looking brake-by-wire technology. MouXing Technology has been focusing on the research and development of EMB, and the team has rich professional experience. The cooperation between BIBO and MouXing Technology will achieve a strong alliance, accelerate the development of next-generation chassis systems, and jointly contribute to the major technological innovation of automotive chassis systems.

Zhu Ping, General Manager of MouXing Technology

As an iterative solution to EHB, the electromechanical brake system (EMB) has stronger adaptability to L2+ autonomous driving requirements, new-generation automotive electronic architecture, and the trend of software-defined vehicles. The iteration of EMB over EHB is an important trend in technological development. Bibo has domestic-leading principle-level technological innovation capabilities in the field of automotive intelligent chassis and has achieved a comprehensive product layout. Its mass production of One-Box and ESC products is at the domestic leading level, and it has also cooperated with many major domestic customers. The cooperation between MouXing Technology and BIBO will promote the development of EMB to a higher level.