Renesas Electronics and National Electric Vehicle Sweden (NEVS) have inked an agreement using the Swedish automaker's Phoenix architecture for electric vehicles and the former's technologies for new energy models.

Renesas and NEVS will start a joint project to develop business strategies for the new energy vehicle market in China.

“The focus of this partnership is to build advanced automotive electronics technologies,” said a Renesas statement.

“The companies will engage in the development of automotive control systems for new energy vehicles. This includes R&D of motor drive systems, automotive information systems, ADAS (Advanced Driving Assistance System) and safety control systems.

“It will also extend to the development of new automotive applications [such] as cloud-connected systems.

“By collaborating from the two ends of the automotive industry chain, Renesas and NEVS aim to lead the development of safe, secure, comfortable and eco-friendly intelligent automobiles for the new energy vehicle industry.”

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now