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Mercedes mulls investment in Geely-backed smart driving firm, Bloomberg reports

Published by Global Banking & Finance Review

Posted on September 24, 2025

1 min read

· Last updated: January 21, 2026

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Mercedes mulls investment in Geely-backed smart driving firm, Bloomberg reports
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BEIJING (Reuters) -Mercedes-Benz Group is preparing to invest in Geely-backed autonomous driving system developer Chongqing Qianli Technology, Bloomberg reported on Wednesday. The German automaker is

Mercedes-Benz Plans Investment in Geely-Backed Autonomous Driving Firm

Mercedes-Benz's Strategic Investment in Autonomous Driving

BEIJING (Reuters) -Mercedes-Benz Group is preparing to invest in Geely-backed autonomous driving system developer Chongqing Qianli Technology, Bloomberg reported on Wednesday.

Details of the Investment

The German automaker is planning to buy a minority stake in Qianli to bolster its software capabilities in China, with a deal to be announced as soon as this week, the report said.

Implications for the Automotive Industry

(Reporting by Beijing newsroom;Editing by Elaine Hardcastle)

Key Takeaways

  • Mercedes-Benz plans to invest in Qianli Technology.
  • The investment aims to enhance software capabilities in China.
  • Qianli Technology is backed by Geely.
  • The deal may be announced this week.
  • This move impacts the automotive industry.

Frequently Asked Questions

What company is Mercedes-Benz planning to invest in?
Mercedes-Benz is preparing to invest in Chongqing Qianli Technology, an autonomous driving system developer backed by Geely.
What type of stake is Mercedes-Benz looking to acquire?
The German automaker is planning to buy a minority stake in Qianli to enhance its software capabilities.
When is the investment deal expected to be announced?
The deal is expected to be announced as soon as this week, according to reports.

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