PATEO, Xunce Technology and Saimo Technology Sign Tripartite Framework Agreement on In-Vehicle Token and AI Cooperation

PATEO announced on June 8, 2026, that it had signed a tripartite strategic cooperation framework agreement with Xunce Technology and Saimo Technology. The agreement was disclosed in a voluntary announcement filed the same day in Shanghai. The three parties will integrate their core capabilities in in-vehicle terminals, simulation testing, data settlement, and AI large models.

They plan to jointly develop a physical AI world model based on tokens and expand a token-based world model alliance. The companies intend to build a closed-loop industrial system that covers edge-side hardware, simulation testing, data infrastructure, token settlement, and commercial operations.

The agreement states that the jointly developed technical modules will be named "PATEO-Xunce-Saimo TokenOS Enhancement Modules," with brands, intellectual property rights, and commercial rights jointly owned, operated, and shared.

The cooperation focuses on the in-vehicle token economy. The parties will co-build edge-side token infrastructure, extend token pricing models to in-vehicle scenarios, build a unified token settlement and clearing center, promote deep integration with operating systems, and jointly develop TokenOS and a physical AI world model.

Benzinga reported that the agreement addresses the challenge of achieving a sustainable commercial closed-loop for AI services in vehicles, an area the industry has described as still in an exploratory stage.