BAIC Langu plans to sign an electric vehicle platform technology license agreement

On February 1st, BAIC Blue Valley announced that its subsidiary Magna Weilan New Energy vehicle Technology (Zhenjiang) Co., Ltd. intends to sign a "technology license agreement" with Steyr USA on the platform architecture, chassis technology and other related intellectual property rights of the BE21 pure electric vehicle product platform.

The technology license fee for this transaction is 50 million euros at a fixed price, which includes China's value-added tax, China's additional tax, US withholding tax and China's stamp duty, which shall be borne by Magna Weilan.

Prior to this, BAIC Langu announced on January 13 that BAIC New Energy, a wholly owned subsidiary of BAIC, planned to sign a "technology license agreement" with Steyr America Co., Ltd. for the electronic and electrical E architecture of the ARCFOX α T model developed based on the BE21 pure electric vehicle product platform. The fixed price of the technology license fee is 192 million yuan.

It is understood that the platform architecture of the BE21 pure electric vehicle product platform, chassis technology and other related intellectual property rights are other platform technologies in addition to the Ego E architecture. At the same time, all the main bodies of the technology are different. Eplop E is the independent technology of BAIC New Energy, while the BE21 platform is owned by BAIC New Energy and Magna Weilan, a joint venture company of Magna.

BAIC Blue Valley said that this transaction will help subsidiaries to improve the efficiency of the use of intellectual property rights through technology licensing, realize the income transformation of technological innovation, increase the company's operating efficiency, and help to expand the international exchange of the company's technology. help to enhance the market competitiveness of the company's product technology.

Editor's comments:

It is worth mentioning that Steyr USA is a wholly owned subsidiary of Magna International. Magna is one of the largest auto parts manufacturers in the world and the most diversified auto parts supplier in the world. Recently, as Apple's car building has become a hot spot in the industry, Magna, as the "king of vehicle contract manufacturing", has also become a hot candidate for Apple car manufacturing.