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China's intelligent networked vehicle market is expected to lead the global innovation frontier

Release time: 2021-10-12

According to the latest research report, the global intelligent connected vehicle industry is booming. It is expected that the annual sales of intelligent connected vehicle technology will rise from 47.2 billion euros in 2017 to 140 billion euros in 2022. China's intelligent networked vehicle market is expected to lead the global innovation frontier.
According to China's 2016 smart Internet consumer survey, China buyers are eager to have autopilot (more than 85%), which indicates that most consumers have high trust in automotive technology and are eager to change their driving styles.
At the same time, up to 80% of Chinese car buyers will take the initiative to consider purchasing upgrade services to improve the network connectivity of cars. Safety features such as anti-collision, danger warning and emergency call are listed by consumers as the top priority of Internet connected vehicle service, followed by information entertainment, navigation, vehicle status recording and maintenance.
The report said that at present, China's network and technology giants have begun to accelerate the development of new technologies and are committed to providing intelligent operation services for networked vehicles and automatic driving.
According to the report, in 2015, the State Council of China issued made in China 2025, which is the first 10-year action program for China to implement the manufacturing power strategy. It is clear to improve innovation ability and implement intelligent manufacturing, including the automotive field. From this point of view, the Chinese market is ready for the advent of the era of all Internet connected vehicles. Local enterprises carrying out research on intelligent networking and new energy technologies will receive policy support, and they are expected to become market leaders in China and even the global automotive industry.
The relevant person in charge of PricewaterhouseCoopers pointed out: in China's automobile market, the promotion of a large number of technologically proficient consumers, the support of the government and the expansion of the market's demand for Internet connected vehicles all promote that China is expected to take the lead in the forefront of international innovation. At present, the challenge of China's automobile industry is how to develop and popularize the scientific and technological applications suitable for China's driving conditions, advance into the international market and control the international share of intelligent networked vehicles.

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