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The "group" innovation company of the three major automobile groups in China, netizens said: it is long overdue.

2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)06/05 Report--

With the rapid development of the domestic automobile market, the market has shifted from the incremental era to the stock era, resulting in the intensification of market competition. For this reason, it has become the norm in the industry for automobile giants to join forces to open up the market.

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According to enterprise information, China first Automobile Co., Ltd., Chongqing Chang'an Automobile Co., Ltd., China Arms and equipment Group Co., Ltd., Dongfeng Automobile Group Co., Ltd., and Nanjing Jiangning Jingkai Science and Technology Development Co., Ltd., jointly funded the establishment of a Sinochem Chuangzhi Technology Co., Ltd., with a registered capital of 16 billion yuan. Among them, China Arms equipment Group Co., Ltd. (Changan Automobile parent company) is the major shareholder.

It is understood that the company's main business covers software development, auto parts research and development, new energy vehicle sales, motor vehicle modification services, electronic components manufacturing, battery manufacturing and so on.

A person related to Changan Automobile said that FAW Chuangzhi was actually the landing of the T3 technology platform company jointly established by Changan Automobile, FAW Group and Dongfeng Automobile. Because at the beginning of this year, Changan Automobile announced that it signed an agreement with FAW, Dongfeng, Armament Group and Jiangning Jingkai Technology to jointly initiate the establishment of T3 Technology platform Company.

The company was established mainly to help the three car companies achieve cost control, strengthen technology research and development, achieve new intelligent new energy vehicle development and T3 travel platform through joint research and development of technology and integration of high-quality resources.

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Although China's new energy vehicle market is developing rapidly, with the support of the state in the past decade, it has reached a certain volume, but with the decline and reduction of new energy subsidies, it has also had a great impact on the new energy vehicle market. According to data, China's new energy market has been declining for nine months.

In this regard, under the crisis and decline in the market, the last elimination trend has become gradually obvious, so "huddling together" has become the plan and industry trend of more and more automobile groups. After all, huddling for heating can be said to be a manifestation of asset restructuring, which can not only improve the utilization rate of production capacity, but also achieve joint car construction according to each need.

In this regard, some netizens said that in the stock era of the domestic automobile market, domestic independent brands have already expanded. Instead of ineffective competition, it is better to integrate car companies and upgrade their products through their own leading technology. For example, Nissan Renault-Mitsubishi Alliance.

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In any case, the development of new energy vehicles is still the trend of the times, and with the stable development of China's new energy vehicle market, major car companies are increasing investment in the field of electric vehicles. In particular, China, as the largest new energy vehicle market, also allows more and more multinational car companies to cooperate with domestic independent car companies. For example, BMW and Great Wall, as well as Toyota, Mercedes-Benz and BYD, to achieve common development in the field of new energy vehicles.

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