Automotive News   |   Automotive News Europe   |   Autoweek   |   Automobilwoche

Automotive News China Newsletter
Register our free newsletter, sent each Monday and Thursday

     Automakers   Suppliers   Auto Show   Comment   Car Cutaway   Newsletters   Press Releases   Chinese Version   Register for Newsletter
  Contact Us:   Editorial   Advertising   Subscription Information   |   About Us   Media Kit
Home >> Automaker Email this story   Print this story
Tencent, GAC to collaborate on Internet-connected cars
Reuters | 2017/10/6

HONG KONG -- Tencent Holdings and Guangzhou Automobile Group agreed to collaborate on Internet-connected cars.

Tencent and GAC will jointly develop Internet-connected cars and artificial intelligence-aided driving. They also will explore investments in automotive e-commerce, electric vehicles and auto insurance, the automaker said. 

Guangzhou Auto said it aims to tap Tencentí»s expertise in mobile payments, social networking, big data and artificial intelligence. Tencent also will provide cloud services and other technical support.

The development of self-driving vehicles has triggered a flurry of alliances between internet giants and automakers. 

E-commerce giant Alibaba Holdings has a joint venture with Shanghai-based automaker SAIC Motor Corp., while Baidu Inc. has attracted 70 companies that want to use its Apollo software platform for self-driving vehicles.

Tencent has been a relative latecomer to the auto sector. Earlier this year, Tencent bought 5 percent of U.S. electric carmaker Tesla Inc. for $1.78 billion. 

State-owned GAC, based in the southeast city of Guangzhou, operates joint ventures with Honda, Toyota, Fiat Chrysler and Mitsubishi. 
Sales of GACí»s Trumpchi brand have surged 50 percent to 330,035 vehicles this year.

Related Stories
  • Volvo deliveries continue rise on demand for locally built models
  •     --Published:2018/9/3
  • Polestar taps Volvo Asia manager as China president
  •     --Published:2018/6/3
  • Volvo launches investment fund for tech startups
  •     --Published:2018/2/3
  • Volvo's annual profit jumps 28% to record on China growth
  •     --Published:2018/13/2
  • Volvo deliveries continue growth behind locally assembled models
  •     --Published:2018/9/2
  • Volvo could build Lynk & CO cars in Europe, CEO Samuelsson says
  •     --Published:2018/26/1
  • Geely to invest in heavy-truck maker AB Volvo
  •     --Published:2018/5/1
  • Volvo deliveries hit high in 2017
  •     --Published:2018/5/1
  • Volvo sales jump 24% in November
  •     --Published:2017/8/12
  • Volvo may build Lynk & CO vehicles in Belgium, U.S.
  •     --Published:2017/1/12
  • Volvo builds Polestar assembly plant in Chengdu
  •     --Published:2017/28/11
  • Volvo sales boosted by locally made vehicles
  •     --Published:2017/3/11
  • Volvo's Polestar EV brand debuts in China with coupe
  •     --Published:2017/20/10
  • Volvo CEO: China should seek automakers' input on EV rules
  •     --Published:2017/13/10

    Our Newsletter Editions
    Automotive News China produces two email newsletters each week. You can sort your news by the articles highlighted in each of our newsletters here.

    Select your newsletter     


    Automotive News China
    Room 1303, Building 2, Lane 99, South Hongcao Road,
    Shanghai 200233
    Telephone: 86-139-1851-5816
    Fax: 86-21-6495-0895
    Home | Help Center | About Us | RSS
    Entire contents © Crain Communications, Inc.
    Use of editorial content without permission is strictly prohibited. All Rights Reserved.