China's Intelligent Vehicle Industry Embraces Global Cooperation and Openness

Strategic Insights -

China's intelligent vehicle industry is experiencing a transformation, driven by a shift towards global cooperation and openness, while international automakers reassess the strategic importance of the Chinese market. The World Intelligent Vehicle Conference (WIV) 2025, hosted by Asia Digital Group, brought together over 100 distinguished guests from more than 20 countries to discuss the future of intelligent mobility. The conference emphasized the need for stronger connections between China's auto industry and the world, as well as deeper integration through global collaboration.

Key Takeaways:

  • The WIV 2025 conference featured over 100 distinguished guests from more than 20 countries, including industry leaders, academia, and corporate executives from top Chinese firms.
  • The conference discussed the development of intelligent vehicles, with a focus on vehicle-road-cloud integration, and implementing the dual-circulation strategy.
  • Mr. Fu Baozong, Deputy Director-General of the International Cooperation Center, National Development and Reform Commission, proposed three recommendations for the development of the intelligent vehicle industry:

+ Prioritize innovation to overcome critical technological bottlenecks

+ Expand worldwide cooperation to build a global automotive industry ecosystem

+ Consolidate the auto industry's foundation with coordinated industrial progress and robust security measures

  • Chongqing will develop a new industry ecosystem for intelligent and connected vehicles (ICVs) fueled by convergent development of multiple technologies at a faster pace.
  • IDC projections predict that global sales of connected vehicles will reach 78.3 million units in 2025, and autonomous vehicle sales will hit 89.3 million units in 2026, representing a 5-year compound annual growth rate (CAGR) of 14.8%.
  • Intelligent vehicles are rapidly gaining traction in the market and serving as the primary catalyst for the automotive industry's ongoing transformation.

Statistics:

  • Global sales of connected vehicles are predicted to reach 78.3 million units in 2025 (Source: IDC)
  • Autonomous vehicle sales are expected to hit 89.3 million units in 2026 (Source: IDC)
  • Compound annual growth rate (CAGR) of the connected and autonomous vehicle market is 14.8% (Source: IDC)
  • Over 100 distinguished guests from more than 20 countries attended the WIV 2025 conference (Source: Asia Digital Group)
  • The conference featured 6 topic forums, and 8 thematic activities, adopting the "1+6+8" structure (Source: Asia Digital Group)

Sources:

  • Asia Digital Group
  • IDC
  • National Development and Reform Commission
  • Chongqing Municipal Commission of Economy and Information Technology