Shanghai Ideal Automotive Technology Co., Ltd. was established with a registered capital of 1 billion

On April 20, Shanghai Ideal Automotive Technology Co., Ltd. was establish , with Li Xiang as the legal representative and a register capital of RMB 1 billion. Its business scope includes technical services and technology development in the fields of automotive technology, cloud platform technology, and big data technology; planning, research and development, and design of electric vehicle charging and swapping infrastructure, etc. Shareholder information shows that the company is wholly own by Leading Ideal HK Limit .

Ding Ming said:

Now everyone says that software defines cars, but many car companies have notic that it is not enough to just develop software and algorithms.” As the level of intelligence of automobiles increases, in the past two years, many Chinese car companies have announc that they will develop their own chips.

  In 2020, Leapmotor releas Lingxin 01; at the 2022 Global Partner Conference, Changan Automobile said it would set up a technology country email list company to develop its own chips and algorithms. In addition, in early 2022, Geely said that its self-develop smart cockpit chip Longying No. 1 will be mass-produc and install in vehicles in the third quarter of this year. An insider reveal to reporters that the performance of the chip will be comparable to the Qualcomm Snapdragon 8155 currently us in mass-produc vehicles.

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  Some automakers have chosen

To establish strategic cooperation with chip companies to promote their chip manufacturing plans. SAIC has invest in several domestic chip companies including Horizon Robotics and Black Sesame; GAC Group invest in Suzhou Flagship Micro-Semiconductor this year.

Ding Ming believes that many car companies cayman islands lists are planning to develop their own chips, which may be bas on two considerations. Shanghai Ideal Automotive Technology On the one hand, the country is promoting the development of an independent and controllable semiconductor industry, and actively issuing relevant policies to create a good policy environment for the integrat circuit industry.

Policies such as the “National Integrat Circuit Industry Development Promotion Outline” have been issu one after another

Car companies are planning to develop the semiconductor industry, and they can enjoy the dividends brought by macro policies in the short term. On the doctors email list other  hand, many car companies now emphasize full-stack self-development, but the self-develop algorithms match the general chips in the current market, and the advantages of the algorithms cannot be brought into play. They still ne to customize their own chips to match the self-develop algorithms.

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