Tencent Partners With BMW, SAIC, NIO To Capitalize On China''s Giant EV Market
Tencent Holding Ltd (OTC: TCEHY ) aims to sell technology to help foreign automakers tap China’s enormous electric vehicle market, CNBC reports . Tencent Intelligent Mobility VP Liu Shuquan claimed collaboration with 40 auto brands, including Bayerische Motoren Werke AG (OTC: BMWYY ), SAIC, and NIO Inc (NYSE: NIO ), covering 120 vehicle models. He also cited discussions with German and Japanese companies. Liu’s team launched a new cloud computing product for automakers called the “Tencent Intelligent Automobile Cloud” to boost its international strategy. The all-in-one cloud product also catering to domestic automakers claims to cover every technological aspect of an EV. The … Full story available on Benzinga.com
Tencent Partners With BMW, SAIC, NIO To Capitalize On China''s Giant EV Market
Tencent Holding Ltd (OTC: TCEHY ) aims to sell technology to help foreign automakers tap China’s enormous electric vehicle market, CNBC reports . Tencent Intelligent Mobility VP Liu Shuquan claimed collaboration with 40 auto brands, including Bayerische Motoren Werke AG (OTC: BMWYY ), SAIC, and NIO Inc (NYSE: NIO ), covering 120 vehicle models. He also cited discussions with German and Japanese companies. Liu’s team launched a new cloud computing product for automakers called the “Tencent Intelligent Automobile Cloud” to boost its international strategy. The all-in-one cloud product also catering to domestic automakers claims to cover every technological aspect of an EV. The … Full story available on Benzinga.com