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FinanceTencent wants to be foreign automakers' go-to company for EVs in China

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

BMW’s iX electrical SUV in China was the primary international automobile model to embody the auto model of Tencent’s WeChat messaging app, in accordance to the Chinese tech company.

Tencent

BEIJING — Chinese web big Tencent wants to promote expertise which the company says will assist foreign automakers that need to promote automobiles in China’s huge electrical car market.

BMW and a few U.S. automakers are already working with Tencent, Liu Shuquan, vice chairman of Tencent Intelligent Mobility, which is a part of Tencent’s cloud enterprise. Speaking to CNBC on Friday, he declined to specify which American carmakers it is working with.

In a transfer geared toward serving to enhance its worldwide technique, Liu’s crew launched a brand new cloud computing product for automakers known as the “Tencent Intelligent Automobile Cloud” on Friday.

The all-in-one cloud product — additionally out there for home automakers — can cowl all technological facets of an electrical automobile, the company claimed. Those options vary from storing information in a approach optimized for coaching autonomous driving techniques, to giving drivers entry to Tencent’s social media and map apps.

The person interface could be a promoting level for China’s drivers contemplating how Tencent dominates an array of the highest on-line leisure apps in China.

The company has performed the function of Facebook in China with its ubiquitous WeChat messaging, funds and social media app — one thing tech rivals Baidu and Alibaba have but to come shut to.

In leisure, Tencent has different apps as effectively: QQ Music, one of many two essential Spotify-like apps in China; Tencent Video, which affords on-demand streaming content material together with actuality exhibits and animated collection; in addition to well-liked cellular video games like Honor of Kings.

Tencent Maps is the third most-popular navigation app in Apple’s App retailer in China — the highest two belong to its key rivals Alibaba and Baidu.

All automobiles letting passengers or drivers entry Tencent apps from the car’s platforms want to have an settlement with Tencent, Liu stated.

Those app-level partnerships began in 2018, across the identical time Tencent Cloud started working with automakers for autonomous driving companies, the company stated.

Adding extra self-driving tech

Read extra about electrical autos from CNBC Pro

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