General

Tencent aims to be foreign automakers’ go-to company for EVs in China

Tencent aims to be foreign automakers' go-to company for EVs in China

BMW’s iX electric SUV in China was the first global car brand to include the car version of Tencent’s WeChat messaging app, according to the Chinese tech company.

Tencent

BEIJING — Chinese internet giant Tencent is looking to sell technology that the company says will help foreign automakers looking to sell cars in China’s huge electric vehicle market.

BMW and some US automakers are already working with Tencent, Liu Shuquan, vice president of Tencent Intelligent Mobility, which is part of Tencent’s cloud business. Speaking to CNBC on Friday, he declined to specify which US automakers it works with.

In an effort to boost its international strategy, Liu’s team launched a new cloud computing product for automakers on Friday, the “Tencent Intelligent Automobile Cloud”.

The all-in-one cloud product — also available to domestic automakers — can cover all technological aspects of an electric car, the company claimed. Those features range from storing data in a way optimized for training autonomous driving systems, to giving drivers access to Tencent’s social media and map apps.

The user interface can be a selling point for Chinese drivers as Tencent dominates a range of the best online entertainment apps in China.

The company played Facebook’s role in China with its ubiquitous WeChat messaging, payments and social media app — something tech rivals Baidu and Alibaba have yet to come close to.

In terms of entertainment, Tencent also has other apps: QQ Music, one of the two main Spotify-like apps in China; Tencent Video, which offers on-demand streaming content, including reality shows and animated series; as well as popular mobile games like Honor or Kings.

Tencent Maps is the third most popular navigation app on Apple’s App Store in China – the top two being from its main rivals Alibaba and Baidu.

Any cars that allow passengers or drivers to access Tencent apps from the vehicle’s platforms must have an agreement with Tencent, Liu said.

Those app-level partnerships began in 2018, around the same time that Tencent Cloud began working with automakers for autonomous driving, the company said.

Add more self-driving technology

Read more about electric vehicles from CNBC Pro