According to the news from Yicai, on the evening of March 2, ZTE announced the establishment of an automotive electronics product line and a dedicated team for automotive electronics, which is responsible for the unified business planning and management of the automotive electronics field. However, the head of this team has not been determined yet. Currently, ZTE has carried out on-site testing of connected vehicles and autonomous driving in Tianjin, Shandong, Jiangsu, and Xiongan, covering multiple typical intelligent connected vehicle scenarios such as assisted driving, remote control, intelligent parking, and remote monitoring.
（Source: Reuters）
Among China’s tech and internet giants, Alibaba and SAIC, in cooperation with the Shanghai government, launched their own smart car brand “IM Motors”; Baidu formed a joint venture with Geely to establish Jidu Auto; Tencent and Geely joined hands to develop intelligent cockpits and autonomous driving technology, while rumors persist that Huawei and Xiaomi are also entering the auto-making industry. With more and more players like ZTE entering the field of intelligent new energy vehicles, the competition will be fierce.
🔗Source: Yicai
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.