In the first half of 2018, the domestic and international automobile circle joint venture cooperation was summarized!

In the first half of the year, the car companies and related companies announced that they have cooperated hand in hand. Under the influence of policies and market factors, the development of the group has become the preferred way for many enterprises to cope and develop. Gai Shi Automobile Xiaobian sorted out the joint venture and cooperation event of major auto companies in the first half of 2018, and shared discussions with Zhu Jun.

1 New energy project

BAIC Group & Brilliance Group

On June 27th, BAIC Group and Brilliance Group formally signed a strategic cooperation framework agreement at the “10th APEC SME Technology Exchange and Exhibition”.

For the domestic entry into the field of new energy vehicles and the saturation of the main market, the move can provide many necessary conditions for the opening of the northeast market for its products, and also benefit its new energy resources. Re-integration and utilization; for Huachen, the provincial enterprise with the largest scale of operations and the total amount of profits and taxes in Liaoning Province, it can also promote its own new energy business sector with the help of BAIC's years of relevant product technology and business system experience. Develop and meet the relevant requirements of the “double points” policy. For both partners, it is indeed possible to form a win-win situation in which the advantages are complementary and each needs to be achieved.

BYD & Changan Automobile

On April 17, Changan Automobile and BYD Auto officially signed a joint development cooperation framework agreement in Chongqing. The two sides will cooperate in the field of new energy vehicles to accumulate energy for the development of new energy vehicles in China.

This time, Changan Automobile and BYD Auto have teamed up to jointly develop the three-in-one development of electric drive, and carry out the application of their respective engineering platform models. The final output is high performance, high integration and light weight. New energy vehicles with advantages such as low-cost competition and the approval of mass production are expected to be launched next year with a model of Changan. This is not only in line with the vision of mutual development, but also brings more possibilities for the development of new energy vehicles in China.

Great Wall Motor & BMW

On February 23, Great Wall Motor announced on the Hong Kong Stock Exchange that it would sign a letter of intent with BMW AG. The two parties will cooperate in the form of a joint venture to focus on new energy vehicles and future technologies, and realize the localized production of MINI pure electric vehicles. Next, the specific details of the joint venture company and the cooperation model will be negotiated.

Although Great Wall has acquired a low-speed electric vehicle company in Hebei Yujie, it can obtain the rights of affiliated companies. However, in 2017, Hebei Yujie’s average fuel consumption score is 30048, and the new energy vehicle score is 13852, but it is still difficult to offset the negative impact of the Great Wall of nearly 160,000. integral. BMW is equally under pressure. Not long ago, investment bank Goldman Sachs downgraded Brilliance China's auto rating from “buy” to “neutral” because the tariffs on imported cars were reduced or the sales and prices of BMW's local production were affected, and the BMW 5 Series was last October. After the replacement, the decline in channel prices may also reduce the attractiveness of the brand and the new X3. Therefore, under the pressure of the market, especially the double-point policy, Great Wall and BMW are eagerly expecting the joint venture project to be launched.

Beiqi New Energy & Magna

On June 18, Beijing New Energy Automobile Co., Ltd. (“Beiqi New Energy”) and Magna signed a list of terms of cooperation agreement in Nanjing, Jiangsu. The two parties announced that they intend to establish a joint venture company, which is committed to building a high-end intelligent pure open to the outside world. Electric vehicle R&D and manufacturing center.

Xu Heyi, chairman of BAIC Group, said that this move will not only promote the rapid transformation of BAIC New Energy from “manufacturing” to “intelligence” and “high efficiency” to “high-end”, but also help to improve the R&D and manufacturing of the new energy vehicle industry. The level promotes the development of new energy automobile industry in China and the world. For the first time Magna, which provides customers with complete vehicle engineering and vehicle manufacturing services outside of Graz, Austria, it also has extraordinary historical significance.

Ningde Times & Honda Motors

Honda will work with the world's largest battery supplier, the Ningde era (CATL), to develop an electric car that is considered by Honda to be the key to its global strategy. The cooperation project will develop batteries and related technologies for this new electric vehicle. Honda will launch the new car in China and other regions in the first half of 2020.

Honda's efforts in electric vehicles reflect the fact that in the process of increasing globalization of electric vehicles, the use of important parts supplied by Chinese suppliers is a major trend. Honda also plans to work with CATL in other areas, including electric vehicle performance testing, production technology and battery specifications. In addition, Honda hopes to cooperate with CATL to develop future electric vehicles.

Volkswagen & Drip

In early May, Volkswagen announced the establishment of a joint venture with China Internet car service provider Didi.

According to the double points of the two joint ventures of Volkswagen in China in 2016 and 2017, which have been announced by the Ministry of Industry and Information Technology, the fuel consumption of the two companies has performed well and both have achieved a large amount of positive fuel consumption. However, since 2019, both joint ventures have faced high new energy points assessment. For the Volkswagen Group, which currently has no sales of new energy vehicles in China, even if new energy vehicles are produced, if they cannot be sold, it is unacceptable pressure. How to solve the sales of 100,000 new energy vehicles is a problem that the public has to face. Therefore, the choice of joint venture with Didi has become the optimal solution for Volkswagen to solve the problem of sales of new energy products.

Summary: Under the current double-point policy, the new energy field is a major breakthrough for traditional auto companies. It is not easy to achieve mass production in large quantities, which is more energy-consuming or purchases points than the establishment of independent subsidiaries. In terms of the method of spending money and helping competitors, it is obviously a faster and more effective way to “marriage” with mature new energy auto companies or battery suppliers.

2 Intelligent Networking Project

Audi & Cognata

Audi teamed up with Cognata, a self-driving car simulation platform company, to accelerate the development of autonomous vehicles. Through its Audi Intelligent Driving Company (AID), Audi became the first car company to sign a multi-year platform with Cognata, helping to shorten the time-to-market of its self-driving vehicles.

Cognata said the simulation platform can recreate real cities and provide a variety of test scenarios, including: traffic models that simulate real-world conditions. The deal between AID and Cognata is just the right time. Israel has redeployed defense technology and computer system security technology to unmanned vehicles. Cognata raised $814 million last year.

Intel & SAIC Motors

On January 9th, Intel announced at CES that it will cooperate with China's SAIC Group and China's leading digital map company NavInfo to integrate and realize the localization of Mobileye road experience management system data.

This cooperation has added a key way for Intel to enter the Chinese market. For those automakers who want to operate autonomous vehicles and develop autonomous driving technology, the Chinese market is a “big behemoth”. Intel and Mobileye have entered into a partnership with Chinese companies to open a door for this particular market and localization, but there is still a long way to build this business in China, the world's fastest growing auto market. The road is going.

Hyundai CRADLE & Metawave

Hyundai's venture capital center, Hyundai CRADLE, announced on May 15, 2018 that the company is investing in Metawave Corporation to create intelligent radars for autonomous vehicles.

Metawave uses adaptive metamaterials to enhance the perceived performance of radars. The structure of these materials has been carefully designed to have extraordinary electromagnetic properties that are not available in natural materials. In addition, the company combines this material with artificial intelligence technology to create intelligent radars.

Sagitar Juchuang & Ali Cabbage

On May 31, Ali Cabbage Global Smart Logistics Summit was held. At the conference, Ali Cabbage and Sagitar Co., Ltd. jointly released the world's first unmanned logistics vehicle G Plus with solid-state laser radar. The biggest highlight of this logistics vehicle is equipped with the solid-state laser radar RS-LiDAR-M1Pre from Sagitar. In the development of unmanned driving around the world, this is the first unmanned vehicle to officially use solid-state laser radar, indicating that the driverless step into the era of solid-state laser radar.

Zhang Chunhui, director of the rookie ET Logistics Laboratory, said that "the number of unmanned equipment for Ali rookie will reach 100,000 units in the next three years." Sagitar Juchuang Qiu Chunxin said, "Equipped with solid-state laser radar, it can reduce the cost of unmanned logistics vehicles by one-third." The combination of Ali Cabbage and Sagitar has expressed the determination to launch an unmanned delivery scene. The “new species” jointly launched by the two sides will closely integrate black technology with the scene and will promote unmanned logistics in China. break out.

Xiaopeng Automobile & Alibaba

On April 9, He Peng, founder of Xiaopeng Automobile, said at the Boao Forum for Asia that the company plans to raise 10 billion yuan (about 1.6 billion US dollars) this year. At present, the shareholders of Xiaopeng Automobile include Alibaba Group Holding Company and Foxconn Technology Group Co., Ltd.

He Xiaopeng said: "Alibaba is the world's leading technology company... The joint investment of Alibaba, Foxconn and IDG Capital is an important milestone in the development of Xiaopeng Automobile." Cai Chongxin, Executive Vice President of Alibaba Group also said: “Smart travel is expected to become the fastest growing and most imaginative industry in the future, which will greatly change people's lives. Xiaopeng Automobile reflects the cross-border integration of Internet, artificial intelligence and traditional manufacturing, and Alibaba looks forward to accelerating Promote the development process of this integration and innovation, and let the smart travel field get more development."

Changan Automobile & Tencent

On April 12, at the "Internet +" Digital Economy Summit in China at 2018, Changan Automobile and Tencent officially signed a joint venture agreement for the establishment of an intelligent network joint vehicle, announcing the establishment of a joint venture company. The two sides will cooperate in the field of car networking and big data cloud to jointly create an open platform for the industry.

In-depth cooperation and development is the core of Tencent Changan's joint business exploration in the form of joint ventures. It involves the integration of resources and technical advantages of the two parties as a whole, and the cooperation model is more forward-looking. On the one hand, Tencent will promote its own content ecology, network security, artificial intelligence, big data capabilities and cloud computing capabilities to Changan's products; on the other hand, Changan itself has mastered autonomous driving, intelligent network, intelligent interaction three Large-scale technology 60 core technologies, and will provide Tencent's development of customized services and applications on the vehicle-side to provide greater development rights and data permissions based on the vehicle itself.

  Keda Xunfei & China Automobile Center

On May 10th, HKUST Xunfei signed a strategic cooperation agreement with the Automotive Engineering Research Institute of China Automotive Center (hereinafter referred to as “China Automotive Research”) and unveiled the establishment of the Smart Car Big Data Joint Development Center.

Wang Haikun, deputy dean of the AI ​​Research Institute of Science and Technology, said: "After nearly 20 years of exploration and application, HKUST has deep accumulation in the core elements of artificial intelligence core technology, automotive industry big data, and automotive industry experts. In cooperation with China Automotive Research Institute, the two sides will realize their complementary advantages and play their own areas of expertise to achieve seamless integration of production, education and research. At the same time, this is also a good way to meet the core technology research and industrialization development."

Summary: Nowadays, more and more companies have entered into joint ventures and cooperation due to the demand of intelligent network technology. This is the trend of the times and a major development opportunity for China's automobile industry. But there are also many challenges. As Qi Kai, dean of the Brilliance Automotive Engineering Research Institute, said, only the integration of OEMs with IT companies, governments, Tier 1 suppliers, and technology companies can drive breakthroughs in intelligent networking technologies.

3 traditional projects

Audi & SAIC

On June 26, at the 2017 Annual General Meeting of the SAIC Group, Chen Hong, Chairman of SAIC, revealed the progress of cooperation with Audi: German Volkswagen Group has converted 1% of its shares in SAIC-Volkswagen to Audi. Co., Ltd.

In terms of SAIC, its brand influence has been improved and it has unlimited benefits in the long run. In Audi, the data shows that Audi's profit in the Chinese market accounts for nearly half of Audi's global profits. Audi naturally puts the Chinese market at the foremost position and has released "After 5 years, Audi in China" The domestic model of the market will be more than double the current declaration. As a result, only one FAW Audi is not enough to support Audi's ambitions in the Chinese market. Together with Audi's original leadership being gradually eliminated by BMW Mercedes-Benz, winning the support of a strong domestic auto group is undoubtedly an increase in the force. Therefore, the promotion of the SAIC Audi project is also reasonable.

Geely & Aisin Seiki

Geely Automobile announced on the evening of 24th that Geely Luoyou, an indirect subsidiary of Geely Automobile Holdings, entered into an agreement with Aisin Seiki subsidiary, and both parties agreed to establish a joint venture to manufacture and sell front-wheel drive 6-speed automatic transmissions and related spare parts.

Geely Holding Group President and CEO of Geely Automobile Group and CEO An Conghui said, "The establishment of a joint venture with Aisin AW Co., Ltd., a world-renowned auto transmission company, will help to improve Geely's advanced powertrain development and manufacturing capabilities and accelerate its advancement. '20200 Strategy' implementation and 'Blue Geely Action'. In the future, the two sides will further explore a wider range of technology development and application cooperation, and establish long-term strategic partnership. The joint venture will rely on both sides in the manufacture of automotive transmissions and parts. Resources and expertise to ensure a stable supply of future products."

Summary: For traditional enterprises, it is inevitable that the new forces will seize the market and have huge pressures for policy subsidies. Under this circumstance, whether it is a cooperative parts enterprise, accelerate the optimization of automobile performance, highlight the advantages of fuel vehicles, or increase dealers. To expand market influence, traditional companies should have a personalized cooperation strategy to stand on the footsteps of the current and future markets.