Car Internet companies staged a "grabbing war"

On July 22nd, at the 2015 China Internet Conference Sub-forum - Smart Car Development Summit Forum, executives from Baidu [microblogging], BMW, China Mobile, Didi Express, Ali SAIC, Feiqi Magnesium and other companies Together, this shows the importance that giants attach to smart cars.

Interestingly, almost every participating company tried to make an advertisement for the recruiter at the venue. The "Daily Economic News" reporter also found in the forum that startups in various fields, including intelligent transportation, vehicle maintenance and repair, and used car trading, all have recruitment and promotion points on the spot.

At the same time that many entrepreneurial teams brought about by the “future car” ecosystem, their “resource hunger” for funds and talents quickly appeared.

Car Internet companies "grab people"

“I hope that people of insight who are interested in our business in this industry can contact us.” After the speech on new topics and opportunities in the process of integration of the Internet and the automotive industry, the chief product of Ali SAIC Internet Automotive Joint Venture Guan Caiming took the opportunity to have a “recruitment” advertisement on the spot.

In fact, it is not just Ali SAIC. In addition to the novel collision of ideas, the release of corporate business, ideas, and recruitment information is also filled in and out of the market in various ways. “This is the entire team of our Baidu unmanned vehicles.” After the speech at the forum, Ni Kai, the head of Baidu’s unmanned vehicle, pointed to a team of only 20 people from the group to present the guests to the scene. “This is the previous one. The photo will now have more people."

Even so, such a team size can not meet the development of Baidu unmanned car business, Ni Kai's team is still expanding. In the eyes of the industry, the types of talents required for the intelligent proposition of automobiles are very complicated. "In the car's intelligent tipping point, whether it is the car's products, research and development, production, sales, circulation, and service, there will be changes, and the industry needs to be standardized." Cheng Yunwang CEO Cheng Li told the "Daily Economic News" reporter that this is Talents with a richer knowledge background are needed from all walks of life.

In the eyes of the industry, most of the "future car" concept participants are entrepreneurial small companies compared to mature car manufacturers or Internet giants. These companies are more talented and funded. Craving.

Urgent need for sustained investment

"The car in the future is not a commodity, but a service." Wang Yunyang, the co-founder of Zhengshi Automobile, told the reporter of "Daily Economic News" that in this service chain, "from the election to the purchase to raise the repair Every aspect has different pain points."

In the view of some entrepreneurs, the entire service market brought by the concept of “future car” still needs large capital investment.

However, the current financial strength of the startup is not strong, and it is difficult to form a rapid profit model in the short term, but this area has been favored by many investors.

According to the statistics of private equity, as of October 2014, only the car networking industry attracted an average investment of institutional investors of about 20,833,300 US dollars. Not only that, but the survey also shows that 17% of institutional investors have participated in the investment in the Internet of Vehicles.

It is worth mentioning that among the institutional investors surveyed, 43% said they plan to invest in the Internet of Vehicles within one year, and 28% will invest in one to two years.

Continued investment may rapidly expand the scale of business in this area, but in this year's Smart Car Development Summit, few companies talk about profitability.

In the absence of talent and capital, and the industry is just getting started, it seems more important to build a suitable ecological environment. In the “smart car” related industries where entrepreneurial companies gather, profitability will remain an important test in the future.

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