A new partnership is shaping up in the global auto industry. Chinese automakers, riding a wave of growth in intelligent vehicles, are increasingly setting their sights overseas. But behind every high-tech model rolling off production lines lies another kind of essential engine: patent licensing.
At the sixth Qingdao Multinationals Summit in Shandong Province, Laurie Fitzgerald, president of Avanci—a leading global independent patent licensing platform for smart connected vehicles—spoke with CGTN about this very connection.
"We can really support automakers here in China as they go global," Fitzgerald said. "Patent licensing and international expansion really go hand in hand."
By streamlining access to essential technologies, Avanci’s model highlights how a robust licensing framework can accelerate global growth. As Chinese automakers continue their global push, these behind-the-scenes agreements could become as crucial as the cars themselves.
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Avanci president: Patent licensing key to China's global auto ambition
cgtn.com
