Backed by software, intelligent vehicles are talk of town
Summary
Smart vehicles are rapidly gaining ground in China, as the automotive sectors integration with consumer electronics accelerates, a company executive said. The trend of automotive companies venturing into the smartphone sector is turning the concept of software-defined cars into a significant point of discussion, spurring new business opportunities, said Shen Ziyu, chairman of Xingji Meizu Group, a developer of smart terminal technologies. Positioned as a device designed for Nio vehicle owners, the phone can function as a car key and supports remote control. We hope that a few Polestar vehicles can become flagship products in the mid-to-high price range, and Meizus smartphone brand can reclaim a position in the top five domestic phone markets within three years," Shen said. Apart from fostering the integration of smartphones and automobiles, Shen has also been involved in founding several companies whose products cover automotive chips and internet-connected-vehicle platforms.