Tencent wants to be foreign automakers’ go-to company for EVs in China

BMW’s iX electric SUV in China was the very first world wide car or truck model to include things like the vehicle variation of Tencent’s WeChat messaging application, in accordance to the Chinese tech enterprise.

Tencent

BEIJING — Chinese net giant Tencent would like to provide technological know-how which the business suggests will assist foreign automakers that want to sell cars in China’s enormous electric vehicle industry.

BMW and some U.S. automakers are presently doing the job with Tencent, Liu Shuquan, vice president of Tencent Intelligent Mobility, which is part of Tencent’s cloud organization. Speaking to CNBC on Friday, he declined to specify which American carmakers it really is doing work with.

In a go aimed at helping increase its intercontinental method, Liu’s crew introduced a new cloud computing product or service for automakers identified as the “Tencent Intelligent Car Cloud” on Friday.

The all-in-1 cloud products — also accessible for domestic automakers — can deal with all technological elements of an electric powered auto, the firm claimed. All those options vary from storing details in a way optimized for training autonomous driving techniques, to supplying motorists entry to Tencent’s social media and map applications.

The user interface could be a providing stage for China’s drivers taking into consideration how Tencent dominates an array of the major on the internet enjoyment apps in China.

The organization has performed the job of Fb in China with its ubiquitous WeChat messaging, payments and social media app — anything tech rivals Baidu and Alibaba have still to arrive shut to.

In amusement, Tencent has other apps as perfectly: QQ Music, a person of the two most important Spotify-like apps in China Tencent Online video, which presents on-demand streaming content material which includes actuality demonstrates and animated sequence as perfectly as common cell video games like Honor of Kings.

Tencent Maps is the third most-well-known navigation app in Apple’s App keep in China — the top rated two belong to its vital rivals Alibaba and Baidu.

All automobiles permitting travellers or motorists entry Tencent apps from the vehicle’s platforms will need to have an arrangement with Tencent, Liu explained.

People app-level partnerships began in 2018, all over the same time Tencent Cloud commenced working with automakers for autonomous driving solutions, the corporation mentioned.

Introducing far more self-driving tech

Gamers in China’s car industry are significantly betting that regional drivers will want additional autonomous driving capabilities, which are basically assisted-driving features due to regulation of current know-how.

Currently in the first quarter, 23% of new autos offered in China arrived with a minimal amount of assisted driving, referred to as “Amount 2” in a classification system for autonomous driving, according to Tencent.

With the new cloud computing item declared final 7 days, Liu claimed overseas auto firms could develop vehicles with navigation and assisted-driving attributes personalized for China’s roadways and terrain.

“The details is owned by [the] OEM, the purchaser,” Liu said, referring to original gear manufacturers which present factors and sections for an additional company’s products.

“We just provide cloud services to retailer that info. The next factor is we offer a complete ecosystem. That ecosystem not only involve[s] our have support and articles but also our partners’.”

Liu reported his firm now companions with virtually 40 automobile manufacturers, which includes BMW, SAIC and Nio, covering 120 motor vehicle designs. He also famous partnership talks with German and Japanese businesses.

BMW did not right away respond to a CNBC request for comment. SAIC and Nio reps spoke at Friday’s start celebration for the “Tencent Intelligent Vehicle Cloud” item.

Examine much more about electric powered cars from CNBC Pro