(Agencies)
Updated: 2008-01-08 16:02

Geely Holding Group (Geely Auto), the parent of Hong Kong-listed Geely Automobile Holdings Ltd, said it plans to announce new safety technology at the North American International Auto Show in Detroit later this month.

China's largest privately-owned automaker said in a statement that the technology fills a current gap in safety technology by helping vehicles avoid high-speed accidents.

"While current auto safety technologies focus on passive protection for vehicles driven at normal speeds, prevention and control of unexpected accidents for automobiles running at high speeds is still a difficult problem for the industry." said Geely Auto.

It added that the China-patented technology has been tested by the Ministry of Public Security, which is in charge of the country's car safety testing program and regulates road traffic.

"It's a revolution in terms of auto safety." Geely Auto said.

Geely Auto, which also exhibited at the 2006 Detroit show with the intent of expanding into the US market, announced last month an export target of 50, 000 cars in 2008, compared with a target of 40,000 units in 2007.