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

Finance

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

Published by Global Banking and Finance Review

Posted on September 24, 2025

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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 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.

(Reporting by Beijing newsroom;Editing by Elaine Hardcastle)

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