Many of China's auto manufacturers, especially new car manufacturers, have developed from Internet companies. These companies have a deeper understanding of Chinese consumers' car usage habits and needs. Chinese consumers are willing to accept new things, which has largely accelerated the electrification and intelligent transformation. According to Bosch, three out of every 10 passenger cars sold in China in the first half of 2022 are equipped with driver assistance functions above Level 2. The strong demand of Chinese consumers for smart electric mobility is becoming a driving force for foreign companies to introduce the latest technologies to take the lead in using them in China.

Cao Guangping believes that the business investment, vertical integration, production and sales and resource use of foreign parts enterprises in China is still a very important part of their global business. At present, the entire industry competition is very fierce, the segmentation of the industry chain is increasingly becoming the key to competition, new materials, new devices, new parts, new systems and new models of the relationship need to be closely combined, become the new vehicle in the electric, intelligent, networked, lightweight and other aspects of the development and stock survival of the key.

Shao Yuanjun also mentioned that traditional parts manufacturers prefer hardware capabilities, and software functions are generally limited. The advantage of traditional parts manufacturers is the binding relationship with car companies, especially traditional car companies, they better understand the needs of car companies, and cooperation may be smoother; However, when it comes to advanced technology, it is not necessarily faster than tech companies.

In the face of the current trend of transformation and change, foreign-funded parts and components enterprises have developed their layout with the help of their own advantages. Bosch introduced a series of innovative key technologies for electric smart mobility, such as silicon carbide power semiconductors, high-performance inertial measurement units, a new generation of braking system ESP10, vehicle dynamic control 2.0 and software development tool chain products and solutions. Many of these solutions have been developed by local teams, such as the on-board computing platform and zone controller for the future electrical and electronic architecture, which will soon be the first to be put into production in China; In the field of intelligent cockpit, the intelligent cockpit controller platform, built entirely by the local research and development team, has been upgraded. At the same time, Bosch is also integrating automated parking assistance functions into intelligent cockpit controllers to provide high-performance, low-cost solutions for the Chinese market. It integrates high-level intelligent driving solutions such as sensors, large computing platforms, algorithm applications and cloud services, and is specially tailored for the Chinese market, covering high-speed, elevated, urban, parking and other application scenarios. The platform is scheduled for mass production in 2023. In the field of steering systems, fully redundant steering control units for automatic driving of L4 and above passenger cars have been recognized by customers and will be mass-produced in the Chinese market in 2024.

"Innovation is one of the most important factors driving China's auto industry to the world. Around innovation, Texas Instruments (TI) not only innovates in products, but also innovates in applications and completes some definitions of intelligence based on existing products and customers." CAI Zheng said, "Based on the layout and understanding of the entire Chinese market, Texas Instruments (TI) is improving the support system, including frontline business and sales, back-office construction, distribution center, R & D center, etc., but also through TI Store to provide customers with more real-time and timely sample and sample production services."

In order to enter the Chinese market faster, the changes of foreign parts companies are reflected in the products, but also in the delivery cycle. Based on the two genes needed by the future Chinese market, TI's development has cyclical and innovative requirements. Texas Instruments (TI) has more than 150 applications and nearly 300 reference designs in the automotive sector. Around the above requirements, Texas Instruments (TI) has made a series of layouts, through product enabling applications, so that customers can complete the design in a faster way, and the development cycle of the vehicle is compressed from the previous 24 months to 12 months.