World's largest auto market eyes NEV, AI for new growth
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E-mail Xinhua, April 19, 2019
Intelligent connectivity
This year's Shanghai auto exhibition set up a special zone featuring "life on wheels of the future" for the first time, which showcases new technology including vehicle networking, driverless solutions, laser radars, smart chips and high-precision positioning and maps.
Carmakers have eyed automation, network connection, electrification and sharing as four key features of the future trend of the global automobile industry.
Tech firms including Huawei, iFLYTEK, Cummins, Aptiv, Autoliv, HYCET E-CHUANG and Gestamp participated in the auto show for the first time.
On Monday, SAIC Motor, China Mobile, Huawei and Shanghai International Automobile City jointly launched the construction of the "5G Smart Transport Demonstration Zone" in Shanghai, which is to be completed and open next year.
During the event, SAIC launched the world's first 5G Smart Networking vehicle, which will be mass-produced in 2020. It also debuted the third iteration of its intelligent driving technology.
Huawei rotating chairman Eric Xu delivered a keynote speech at the 2019 International Auto Key Tech Forum held during the auto show.
"With a deep convergence of automotive, information and communication technology (ICT), intelligently-connected electric vehicles have emerged as a revolutionary development engine of the human society, with its impact going far beyond the two industries themselves," said Xu.
PwC predicted that the market for connected services in China would grow from 600 million U.S. dollars in 2017 to 39.5 billion dollars by 2030.
Zhang Jinhua, executive vice president and secretary general of the Society of Automotive Engineers of China (SAE-China), said China has taken a series of measures to promote the development of ICT, encourage the integration and cooperation among different industries, jointly tackle key technology issues and set industry standards and norms.
The market value of the ICV industry in China is expected to exceed 100 billion yuan by 2020, according to the Ministry of the Industry and Information Technology.
China's drive in connectivity, automation and electrification has brought opportunities to companies worldwide. According to Bosch, a leading global supplier of technology and services, which participated in the auto show, the company's sales of mobility solutions in China reached 81.7 billion yuan in 2018, with a growth rate of 2.9 percent.
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