[?Billion Euro Introduction?]?On March 18, Wuhu Chery Lion Automotive Technology Co., Ltd. received 200 million yuan in strategic financing from Chery Automobile. After Xiongshi Technology obtains 200 million yuan in financing, it may "heavily invest in" intelligent network-related projects.
Author丨Wang Rui
Editor丨He Qi
Chery "increased" RMB 200 million in Xiongshi Technology to deepen the reform of intelligent network connectivity.
According to Tianyancha data, on March 18, Wuhu Chery Xiongshi Automotive Technology Co., Ltd. received 200 million yuan in strategic financing from Chery Automobile. It is reported that this strategic financing was jointly funded by Chery Automobile Co., Ltd., Chery Holding Group Co., Ltd., Chery Commercial Vehicle (Anhui) Co., Ltd., Chery New Energy Vehicle Co., Ltd., and Wuhu Chery Technology Co., Ltd.
Yiou Auto immediately consulted Chery about this matter, but the other party had not responded as of press time.
Xiongshi Technology was established on July 7, 2014. The chairman is Yin Tongyue. He applied for an independent trademark in December 2018 and applied for an independent website domain name in April 2019. On November 8, 2019, the shareholder of Lion Technology was changed from Chery Automobile Co., Ltd. to the five companies that invested this time, and the registered capital also increased from 17.75 million yuan to 200 million yuan.
As an important fulcrum for Chery to explore intelligent connected vehicles, Lion Technology’s 200 million yuan in financing is of great significance.
Among traditional car companies, Chery is considered a "pioneer" in intelligent transformation. As early as 2010, Chery had already begun to explore automobile intelligent interconnection technology. After reaching a cooperation with the Hefei Institute of Physical Sciences, Chinese Academy of Sciences, Chery established an autonomous vehicle technology platform. In the second half of 2017, Chery established a smart car business group and successively launched the "124 Strategy" and the "WWW+ Strategy". In April 2018, Chery launched an integrated and upgraded version of its two major strategies: Chery Lion.
Chery Lion consists of five major business segments: Lion Intelligent Driving, Lion Intelligent Cloud, Lion Intelligent Winning, Lion Intelligent Manufacturing and Lion Intelligent Travel, covering autonomous driving, intelligent connectivity, big data, and intelligence. Manufacturing, mobility services and other businesses. Yin Tongyue, chairman of Chery Automobile, once publicly stated: "Lion Technology is Chery's seventh largest business segment after automobiles, auto parts, shipping, finance, commerce, tourism & real estate. It represents the future of Chery Automobile and the transformation of mobility. "Future."
Relying on Lion Technology, Chery plans to empower smart cars with complete solutions for Internet of Vehicles and autonomous driving in 2019; promote smart vehicles and smart enterprises in 2022; and realize smart cars in 2025. Transportation, providing intelligent mobility services and empowering smart cities.
Chery has achieved its first "small goal". Currently, Chery's new-generation Tiggo 8 and other flagship products are equipped with Chery Lion Zhiyun system. On March 9, 2020, Chery launched a new generation of Tiggo 7/Tiggo 7 PRO online. The new car is also equipped with Chery Lion Smart Cloud system, which includes 19 ADAS assisted driving functions, such as ACC full-speed automatic cruise, LKA lane Maintenance, BSD blind spot detection, etc., can achieve L2+ level intelligent driving. The Lion has been integrated into Chery’s family genes.
After Lion Technology obtains 200 million yuan in financing, it may "heavily stockpile" intelligent network-related projects. According to Future Auto Daily, Xiongshi Technology’s 200 million yuan in financing will be mainly used for research and development and market development. In terms of research and development, Internet of Vehicles and 5G autonomous driving will be the focus. Chery’s 5G Smart Vehicle Joint Laboratory has been running steadily since its launch last year.
Currently, Chery is trying to establish an intelligent network ecosystem and has formed cooperation with more than 60 upstream and downstream companies in the industry to build a lion system. At the same time, Chery is spending heavily to recruit new employees. According to Chery’s official information, since December 2019, Chery has begun to recruit senior engineers in the field of intelligent network connection in Nanjing, Shanghai, Wuhu, Shenzhen and other places.
At the beginning of 2020, Chery Group proposed to use Lion Technology as the group’s intelligent sector platform, regard software technology as the core, and focus on the three fields of autonomous driving, Internet of Vehicles, and big data. The 200 million yuan in financing may be just the beginning of Chery and Lion Technology’s efforts. However, in the face of the sudden epidemic and market downturn, Chery's sales data in the first quarter and even in 2020 need more support.
This article comes from the author of Autohome Chejiahao and does not represent the views and positions of Autohome.