The future intelligent network-linked car may set off trillion-grade market space
With the rapid advancement of the internet and artificial intelligence, cars are no longer just modes of transportation—they are becoming large-scale mobile terminals. Technologies such as automatic braking, remote control, and autonomous driving are transforming the automotive industry. Intelligent, network-connected vehicles are now stepping into our daily lives, reshaping how we think about mobility.
At the China (Wuhan) International New Energy and Intelligent Vehicles Development and Cooperation Summit held in Hanzhong on the 12th, experts from the State Council's Development Research Center, Tongji University, Beijing Automotive Group, and Sichuan University Science and Technology Co., Ltd. shared their optimism about the future of smart and autonomous driving. Many believe that the widespread adoption of intelligent, connected vehicles could spark a trillion-dollar market, opening up new opportunities across industries.
[Image: A modern electric vehicle with advanced driver-assistance systems]
"Autonomous driving will be an 'explosive technology'!" said Rong Hui, Vice President of the Beijing New Automobile Research Institute, during his speech titled "Driving Without Drivers and the Future." He emphasized that autonomous vehicles will not only change the relationship between people and cars but also revolutionize car-sharing trends. With limited commuting time, many people could easily access a car without needing a license, reducing the need for personal ownership. Traditional automakers may struggle, similar to how shared bicycles affected traditional bike manufacturers. In the future, the number of cars might drop to one-fourth of current levels.
Zhu Xi, a professor at Tongji University’s School of Automotive Engineering, pointed out that traffic accidents kill around 1.25 million people globally each year, mostly due to human error. He believes that the combination of electric vehicles and smart networking will make cars more crash-resistant. This shift from passive safety to active, intelligent control will significantly reduce accident rates and improve the driving experience.
Experts predict that the rise of smart and autonomous vehicles will bring revolutionary changes in product design, manufacturing, and business models. For example, driverless cars may have no steering wheel, and seats could be reconfigured to serve as meeting spaces or VIP lounges, offering a completely different in-car experience.
Intelligent networked vehicles are equipped with advanced sensors, communication systems, and AI capabilities, enabling them to interact with drivers, roads, and other vehicles. These vehicles feature complex environmental awareness, intelligent decision-making, and collaborative control—marking the arrival of a new era in automotive technology.
The development of intelligent networked vehicles has become a national priority in China, with clear timelines and roadmaps set for its growth. The “Made in China 2025†initiative aims to master key technologies in autonomous driving by 2025, establish a robust R&D system, and transform the automotive industry. Similarly, the “13th Five-Year Plan†for the auto industry emphasizes the development of intelligent, connected vehicles, targeting a 50% penetration rate of Level 1 automation and 10% for Level 2 in new cars.
Major automakers and tech companies are actively investing in this space. Companies like FAW, Changan, and Geely have been researching related technologies for years. In 2015, many vehicles were already equipped with driver assistance systems. At the Wuhan Auto Show, FAW-Volkswagen launched the Roewe ERX series with features like smart navigation, voice interaction, and mobile app control.
Dongfeng Motor Company has been developing autonomous driving technology since 2013. It has now achieved one-key parking, multi-vehicle formation, and intelligent assisted driving. Features like remote control, voice recognition, and wireless connectivity are available in models like the Aeolus AX7 and AX5.
Dongfeng’s Tan Minqiang highlighted the company’s progress in handling complex driving scenarios, including high-speed lane changes and pedestrian detection. By 2020, Dongfeng plans to implement conditional autonomy, and by 2025, it aims to achieve “emotional driving.â€
Tech giants like Baidu, Alibaba, and Tencent are also entering the space. Baidu has launched CarNet, integrating navigation and lifestyle services through its LBS platform. Alibaba has partnered with SAIC to develop smart cars, while JD.com and Dongfeng are working on unmanned delivery trucks.
Looking ahead, experts predict that within 10 years, autonomous driving will see real-world applications, though initially in limited, scenario-based environments. While full autonomy is still far off, the industry is growing rapidly, with significant investment opportunities in areas like sensors, mapping, and AI.
In summary, the rise of intelligent, networked vehicles represents a major shift in the automotive landscape, promising not only safer and smarter transportation but also new economic opportunities. As the technology matures, it is set to reshape cities, industries, and daily life in ways we are only beginning to imagine.
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