Finance Needs Intelligent Vehicles -Part 6

Secondly, although electrification is the most inconspicuous of the three revolutions of intelligent vehicles, it is the basis for the implementation of other intelligent factors. This is because the entry of the motor system is relatively low compared to the complex fuel power system, and unprofessional “barbarians” may also bypass the originally solid “Maginot Line of Defense”. It can be said to a certain extent that it is the electric market space that determines the intelligent market space.

Thirdly, the smart car industry also needs to establish a sustainable business model. In the past, although the profitability of the traditional automobile industry was criticized because of its reliance on after-sales instead of sales, it is still an effective business model. After several explorations, the Internet industry has also established an “advertising + payment” operating mechanism. For intelligent vehicles, on the one hand, the electric system does not require complicated maintenance like the fuel system. On the other hand, upgrades depend more on software. Whether it can successfully embrace the Internet model after abandoning the traditional car sales pattern is also uncertain. In addition, smart cars mostly rely on direct sales, and the ecological reorganization with dealers will take time.

Finally, as the “third space” of people’s lives, the success of intelligent vehicles also depends on the guarantee of data compliance. Compared with smart phones, smart cars not only collect more types of data and information with stronger means, but also gather information about the environment and other people externally, which increases the difficulty of balancing industrial development, national information security, and personal privacy protection.