"Without the Internet, there would be no cars." Wu Yingqiu, chairman and CEO of Global Automotive Group, made the conclusion two years ago, which has now become common sense.

For a car that has a history of more than 130 years, what this will change is the fundamental positioning of the car.

Whether it is called an intelligent connected car, an Internet car, or other concepts, it all refers to a new form of automobile.

However, the latter is a popular concept that is more easily accepted by ordinary users, or it is the greatest common denominator for the interpretation of new car forms.

Moreover, this interpretation is still dynamic.

Wu Yingqiu, Chairman and CEO of Huanqiu Auto Group, generally speaking, it can be said that SAIC and Alibaba first proposed the concept of Internet cars and launched the first product in July 2016.

Concepts such as OS on the car, replacing mobile phones, and voice becoming an important means of interaction are still the core ideas of today's smart cockpits.

But five years later, the functions and experiences of in-vehicle Internet have undergone earth-shaking changes, and the extension of Internet cars has also been greatly expanded.

As time passes, the industry should achieve an understanding of the concept of Internet cars that keeps pace with the times, not only sorting out industry knowledge, but also guiding consumption.

The "Internet Automobile Wuzhen Night Talk" held on the evening of November 23 was held for this purpose.

This "night talk" was held simultaneously with the well-known IP in the Internet industry - "World Internet Conference Internet Development Forum" held in Wuzhen. It was guided by the China Association of Automobile Manufacturers and the China Electrotechnical Society, and the Tongxiang Municipal People's Government and Global Automotive Media

host.

Nearly 30 guests from the industry spoke one after another during the 4-hour intensive agenda in the evening and made many suggestions.

Li Shufu (first from left), chairman of Geely Holding Group, and Mao Hongfang (second from left), mayor of Jiaxing City. The essence of Internet cars. Recently, several innovative companies with the halo of the Internet have continued to rise in the US stock market.

Therefore, in this night talk, the comparison between the "new and old" car-making forces became a hot topic.

However, Ding Lei, founder, chairman and CEO of Human Horizons who attended the meeting, believed that everyone is actually "building new cars" and there are three forces involved: one wave is traditional companies, one wave is people who have never built cars, and another wave is

A new company founded by Bo who has 20 to 30 years of experience in car manufacturing.

Interestingly, most of the guests attending this conference are car people in the traditional sense, so what is most worthy of careful consideration is their views and actions on changes in the industry.

As Xu Heyi, a member of the National Committee of the Chinese People's Political Consultative Conference and deputy director of the Economic Committee of the Beijing Municipal Committee of the Chinese People's Political Consultative Conference, said, night talk can be "slightly relaxed."

Sun Changji, former Vice Minister of the Ministry of Machinery Industry and Honorary Chairman of the China Electrotechnical Society, opened the door clearly. He pointed out in his speech that only through technological upgrading can it be possible to avoid the energy, environment, and environmental pollution caused by the explosive growth of traditional automobiles.

Only with social problems such as congestion can the car truly become a carrier that integrates transportation, public transportation, office work, and life services, and ultimately provide better travel services for mankind.

Sun Changji, former Vice Minister of the Ministry of Machinery Industry and Honorary Chairman of the China Electrotechnical Society, when the concept of Internet cars was just emerging, many traditional car companies were not optimistic about the new forces. At that time, many PPT car manufacturers did leave a legacy

Ground chicken feathers.

Today, Tesla’s market value has exceeded that of Toyota, Volkswagen and other multinational car companies combined, and NIO’s market value has surpassed BMW’s; many new companies have initially gained a foothold in the market, which has to leave entrepreneurs who have been building cars for decades

They have a new understanding.

Several heavyweights in the automotive industry expressed their respect for the innovative enterprise in modest terms.

Yin Tongyue, Secretary of the Party Committee and Chairman of Chery Automobile Co., Ltd., said sincerely: "I am an old man who represents the old era. Chairman Ding Lei taught me a lesson a few years ago, making traditional cars has too much inertia. We now have to be very

I am very in awe of the new forces in car manufacturing. I would like to thank Internet companies for the development of Chinese automobiles today. Without you, it would be very difficult for the Chinese automobile industry to catch up with the big brands of Western developed countries on the traditional road. "In fact, Chery has already.

Become one of the most active independent brands in embracing new technologies.

While in awe, what exactly has the development of Internet cars brought to the industry in recent years?

Li Wei, executive vice president of Changan Automobile, summed it up sharply. He said: "The Internet, big data, including software, are only technical means to upgrade user experience. The true definition of the essence of cars is still driven by user needs, and the biggest change in this round is

The characteristic is that it has changed from focusing on the delivery of new vehicles to providing services for the user's life cycle. This is the most essential change. "Based on this, the capital market's judgment of automobile companies is based on this," said Sheng Yongjun, Secretary of the Tongxiang Municipal Party Committee.

Standards are also changing, which is the fundamental reason for the stock market miracles of several new companies.

Liu Dongli, founding partner of Zuoyu Capital, believes that when cars become intelligent, the profit points of car manufacturers have also changed.

Software and services can be included in the valuation, which means that customers continue to bring revenue from software and services, the amortization cost of software is very low, and the gross profit is very high.

Yu Ning, managing partner of NIO Capital, also believes that it is precisely because the logic of evaluating the value of new power stocks has changed. Although driven by Tesla, the valuations of several Chinese car-making concept stocks are artificially high.

But there is still room for growth in the future.