The relationship with FutureMove will combine Tata Technologies’ market-leading connected car service offerings with FutureMove’s platform and technology
Tata Technologies, a subsidiary of Tata Motors, has signed a memorandum of understanding (MoU) with Chinese firm FutureMove Automotive for developing connected mobility solutions for automotive makers in China and other markets.
As per the agreement, both companies will integrate technologies, solutions, products, and resources to meet the demands of automotive industry, Tata Technologies said in a statement.
The combined strategy will help in supporting their clients all over the world by offering the capacity, competitiveness, capability and a variety of innovative solutions for the future mobility and to ensure their control in the industry, it added.
Commenting on the development, Warren Harris, Chief Executive Officer and Managing Director, Tata Technologies, said, “The relationship with FutureMove will combine Tata Technologies’ market-leading connected car service offerings with the platform and technology of FutureMove to provide a suite of services to the Chinese automotive industry.”
Help to develop overseas market
John Wang, Founder and Chairman, FutureMove Automotive, said, “The cooperation not only meets the current business need, but also has profound strategic significance for FutureMove to develop overseas market, especially in Southeast Asia and Asia-Pacific.”
Tata Technologies claimed to have strong capabilities in providing end-to-end vehicle programmes. The company has more than 9,000 professionals and is serving clients in 27 nations from its 17 global delivery centres spread across Asia-Pacific, North America and Europe.
On the other hand, FutureMove Automotive provides digital and mobility services and is a strategic partner to customers of Tata Technologies in Mainland China, Macao, Hong Kong and the US.