SAIC Motor Corporation Limited, the largest auto company on China’s A-share market, recently signed an agreement with China Mobile Communications Corporation to explore future studies and applications of multiple areas such as a 5G communications network, internet-based smart vehicles, an intelligent transportation system (ITS), an in-vehicle entertainment system, overseas resource coordination and the industrial internet.
The two industry-leading companies will work together to create the first mass-produced 5G internet vehicle and promote the upgrading of intelligent internet-connection technologies, so as to drive the development of China’s auto industry via the 5G communications technology.
The two companies will explore cooperation in passenger vehicle sales and car-using data sharing, and develop car owner focused solutions in terms of in-vehicle entertainment and car-using. They will also jointly expand international businesses for smart internet-based cars, and cooperate in such areas as in-vehicle internet access and traffic management and operations to facilitate people’s overseas travel.
In the field of smart internet-connected enhanced positioning systems, the two companies will jointly develop Space-Air-Ground integrated enhanced positioning network services to equip intelligent drive and mobility services with high-precision positioning.
In terms of smart internet-connected hardware and facilities, they will jointly establish an innovation lab to develop intelligent hardware, facilities and platforms, as well as data services, for smart driving and parking.
As for the technology collaboration in ITS services, they will jointly develop and operate a cloud platform for smart transportation services, to share the data and develop related services together.
In constructing the industrial intranet, the two companies will apply 5G technologies such as the enhanced mobile broadband (eMBB) (e.g. AR/VR and glass-free 3D), ultra reliable & low latency communication (uRLLC) (e.g. wireless connection in the plant, and internet of vehicles), and massive machine type communication (mMTC).
In establishing the industrial internet platform, the two companies will jointly carry out the planning, building and maintenance of the cloud computing resource pool and big data platform. Meanwhile, they will collaborate in developing AI functions such as smart searching and semantic analysis based on cloud computing and big data.
SAIC’s affiliated vehicle companies include Morris Garages, SAIC MAXUS, SAIC Volkswagen, SAIC-GM, Shanghai General Motors Wuling (SGMW), NAVECO, SAIC-IVECO Hongyan and Shanghai Sunwin Bus Corp (SUNWIN).
SAIC Motor’s car sales hit 6.93 million units in 2017, up 6.8% on the previous year and keeping its leading market share in China. In 2017, the company climbed 5 places to rank 36th on the annual Fortune Global 500 list, due to its $128.819 billion in revenues.