Mercedes-Benz will buy a 3% stake in Chongqing Qianli Technology (Qianli), an autonomous vehicle (AV) company also backed by Geely, for CN¥1.34bn (US$187.9m). First reported on 24 September 2025 by Bloomberg, the publication's anonymous sources claimed that the German OEM wanted to purchase a minority stake to bolster its self-driving software for the Chinese market.
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