Core Viewpoint - Geely is integrating its internal autonomous driving teams under the "One Geely" strategy, merging teams from Zeekr, Geely Research Institute, and Qianli Intelligent Driving into a single entity called Qianli Intelligent Driving, which will have nearly 3,000 employees [1][3][4] Group 1: Team Integration and Leadership - The integration involves key personnel changes, with Wang Jun appointed as CEO and Chen Qi as co-CEO of Qianli Intelligent Driving, both having previous experience at Huawei [1][3] - The restructuring aims to consolidate platform departments while maintaining project-based operations, indicating potential layoffs due to overlapping roles [3][4] Group 2: Strategic Goals and Market Focus - Qianli Intelligent Driving is positioned to replicate the success of Huawei's automotive business unit, with a focus on overseas markets rather than competing directly in the domestic market [4][5] - The company aims to leverage Geely's existing customer base and sales targets, which include a goal of reaching 3 million annual sales [5][6] Group 3: Technological Development and Product Offerings - Qianli Intelligent Driving plans to develop a range of autonomous driving solutions, including L2+ and L3 level systems, with the first product launch scheduled for late 2024 [15][16] - The company has already released Qianli Intelligent Driving 1.0, which includes various configurations with computing power ranging from 100 Tops to 700 Tops [14][13] Group 4: Historical Context and Future Outlook - Qianli Technology, the parent company of Qianli Intelligent Driving, was previously known as Lifan Technology and underwent significant restructuring after Geely's investment in 2020 [2][11] - The strategic shift towards AI and autonomous driving solutions is supported by partnerships with key players in the industry, including the establishment of a computing alliance [12][13]