Alibaba and BMW, the Internet; An innovation base for the automotive industry will be jointly established in Shanghai

Alibaba and BMW, the Internet; An innovation base for automobile industries will be jointly established in Shanghai On July 3, Alibaba Group and German carmaker BMW established a strategic partnership to jointly establish an innovation building in Shanghai for China’s Internet and automotive industries.

Alibaba Cloud and BMW Startup Garge will jointly operate the new building, which is located in the Jincheng Business and Technology Development Zone in the center of Futong New Area. The joint innovation base will provide cloud computing services and digital transformation to more than 300 businesses over the next three years.

It plans to provide technical resources and services related to the latest automotive technologies and technical training and consulting services. More than 5,000 square meters of office space at the base will be opened to start up work groups that will be able to work on at least 30 high-quality projects. Some science and technology projects and projects are likely to receive financial support and services, he said.

As the COVID-19 pandemic has changed people’s living habits, the automotive industry is also moving towards an electrified and automated digital future, said Jochen Goller, President and CEO of BMW Group China. Alibaba Group Vice President Ren Geng said, “In the future, cars will become the focal point of the intergenerational network system, bringing new experiences to people.

Alibaba will work together with BMW to bring innovative business groups to life in Futong and introduce high technology,” he said. As a national level development zone, Jinjiang Economic and Technological Development Zone is an advanced area of ​​China’s electronic information and automobile industry.