On the afternoon of September 27, the Smart China Expo 2021—Automotive Electronics (Software) Industry Development Forum was held. At the forum, Chongqing Xiantao International Big Data Valley announced that the construction of the Automotive Software Industry Base with expected annual revenue of 10 billion yuan would begin. A White Paper on the Development of China's Automotive Software Industry was released during the forum, which shows that China's auto software industry enjoys a relatively stable growth, at an annual rate of 10%.
Chongqing Xiantao International Big Data Valley (Photo/Yubei Media Center)
Annual revenue to 10 billion Yuan
Liao Hongjun, Deputy Secretary of the CPC Yubei District Committee and Acting Mayor of Yubei District, delivered a speech. Noting the district's recent success in being approved to establish Chongqing's first municipal key industrial park for automotive electronics, he said Yubei District would work hard to meet the needs of car enterprises. It will concentrate on leading enterprises in the industrial chain and gather a batch of upstream and downstream enterprises at a faster pace.
At the forum, Chongqing Xiantao International Big Data Valley announced the launch of the construction of the Automotive Software Industry Base. Next, focusing on the three fields of the autonomous driving, intelligent cockpit, and ICV, the Valley will introduce and cultivate five leading enterprises, 15 core enterprises, and 50 ecology-oriented enterprises. According to its plan, the Level-4 autonomous driving research and development will be realized. The sales volume of intelligent cockpit products will exceed 10 million, the annual automotive software revenue will reach 10 billion yuan, and the workforce will total over 10,000.
On that day, a dozen well-known enterprises attended the centralized signing activity, which will speed up the upgrading and development of Chongqing's automobile industry. Among the enterprises are BDStar, ASDC, MINIEYE, Three Horses, VANXVM, Jizhi Electric Automation, HONSON, Guangda Industrial, Daming Electronics, Chinasoft International, and iSoftStone.
To further consolidate and enhance the strength and competitiveness of the ICV industry, China Software Industry Association established ICV Industry Sub-association, which will build an automobile information security monitoring center in Yubei District.
White Paper on China's Automotive Software Industry
At the forum, Chongqing Xiantao International Big Data Valley and China Software Industry Association jointly released the White Paper on the Development of China's Automotive Software Industry. This document charts a comprehensive blueprint for the automotive software industry and conducts forward-looking research to provide a reference for governments in policy-making and best practices for enterprises in future business planning.
According to Shi Jianhua, Deputy Secretary-General of the China Association of Automobile Manufacturers, China's NEV industry has been picking up in terms of market size and development quality since the beginning of this year. Meanwhile, encouraging progress has also been made in basic materials, basic components and parts, motors, ECUs, batteries, complete vehicles, and other fields. In January-August, China's total NEV output and sales volume reached 1.81 million and 1.8 million, respectively, registering a year-on-year rise of 1.9 times and a penetration rate of nearly 11%. At this rate, the medium- and long-term goal of raising the market share of NEVs to 20% will be met earlier than expected.
According to He Gang, Deputy General Manager of Chang'an Automobile Intelligent Vehicle R&D Center, the new vehicle will be redefined as a mobile intelligent and computing terminal, a new type of energy storage unit, a third-party intelligent mobile space, and a data collection carrier. It boasts four technological features: hardware platform with high computing power and high bandwidth, choreographed and iterative software architecture, strongly connected and safe, integrated network, self-learning and self-evolving closed data loop, and ability in seven core technologies of the chip, device, core processor, mapping, cloud, network, and satellite.
Moreover, the forum also invited top experts in the industry to share new ideas, technologies, and trends and discuss the development trends of core ICV software and hardware products, including automotive electronics, ADAS, and In-Vehicle Operating System.