·ZTE: investing 14.6 billion yuan in the automotive field

Recently, we learned that ZTE Corporation will invest RMB 14.6 billion to develop its automotive business. At present, ZTE has completed the acquisition of Zhuhai Guangtong Bus and established ZTE Intelligent Vehicle Co., Ltd., and will mainly invest in the field of new energy commercial buses in the future, and will focus on new energy vehicle R&D, design, manufacturing, and vehicle networking applications. Big data, autopilot cloud, computing center system development and construction, to create a new industry sector.

It is understood that ZTE has established a new ZTE Intelligent Automobile Co., Ltd. and invested RMB 14.6 billion in it. In July of this year, ZTE has completed the acquisition of Zhuhai Guangtong Bus and won 1200 mu of land in Jinwan District of Zhuhai. It plans to build a new energy vehicle base in two phases in January 2017, one to 2017. At the end of the year, it plans to achieve a capacity of 10,000 new energy vehicles and another commercial vehicle capacity of 20,000. In the future, it will provide 204 sets of 8 meters long pure electric buses and intelligent charging infrastructure for Shenzhen West Bus Co., Ltd.

Tian Feng, deputy general manager of ZTE Intelligent Vehicles, said in an interview: "The future car trend is electric and intelligent. This is the advantage of ZTE. On the other hand, new energy vehicles are an important direction for China's manufacturing upgrade, and also China. The automotive industry surpasses the strategic opportunities of Europe and the United States. Our perspective is that the future car is a four-wheeled smartphone, and the transportation system will be integrated into smart cities, smart transportation, and the Internet of Things, including big data and cloud computing. ".

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