Recently, SKF and Inovance Automotive signed a strategic cooperation agreement in Shanghai. The two parties will carry out all-round in-depth cooperation in the fields of supply chain service system, R&D and digitalization, intelligent status monitoring, new energy vehicles, etc. At the same time, the two parties will also conduct intensive cooperation and exchanges on topics related to decarbonization and net zero issues, such as green electricity and zero carbon, oil recycling and reuse, and bearing intelligent remanufacturing.