Reuters reported many Chinese electric car start-up companies are now considering whether to establish alliance cooperation, in order to share resources and common development technology and accelerating electric vehicles.

As China's laws and regulations are becoming stricter, competition in the industry is becoming more intense, and there has already been a phenomenon of cooperation between electric car start-ups. Shen haiyin, CEO and co-founder of singularity automobile, said the singularities had been in talks for months with cars and cars, red star cars, AIWAYS and weimar.

Beijing plans next year will increase of new energy vehicles sales accounted to 8%, and by 2020 the proportion to 12%, thus can alleviate environment pollution and reduce dependence on imported oil. According to the China association of automobile manufacturers, sales of new energy vehicles in China are expected to reach 700, 000 vehicles this year, accounting for about 3 percent of the total car market in China.

Five electric car start-ups will complete the alliance plan by the end of September and plan to build a Shared electric vehicle platform by the end of the year, Mr Shen told Reuters. As the industry moves towards intellectualization, interconnectedness and electrification, it is increasingly difficult for carmakers to show business travel, he said. Shen Haiyin explained: "like smart phones, many mobile phone brand is the core of the android operating system, but for intelligent vehicle, it should be in the user experience and service."

China electric car startup Shared resources and professional skills and other actions are also shows that they want in the product development phase can save some time and money, because they also face the global pressure for the auto enterprises to electric.

In addition, the Chinese government's approval of new electric car joint ventures is also stricter, mainly because of concerns that many startups may cut corners on technology or want subsidies. The government is also checking the approval process, or will issue more stringent technical requirements next year.

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Shen hui, CEO and co-founder of wilmar, said the prospect of new technology requirements is becoming more stringent, which has become an important factor in the alliance of start-up companies.

Freeman shen told Reuters: "the Chinese government for some new start-ups have concerns, don't think some of the company, in fact, technology and management skills to support it to be a member of the new energy automotive industry. It also suggests that start-ups should work together to face the competition from traditional car companies.

David Jin, a spokesman for the company, said it would be popular to conduct industry cooperation within China's law, antitrust and technology exchanges. After we get further information, we will make a corresponding decision. The CEO of ichiv declined to comment on the topic of the start-up alliance.

Car and family news spokesmen and red star auto officials declined to comment.

Shared car parts

Despite years of efforts to reduce the cost of traditional fuel engines by using common car platform technologies, automakers have been relatively independent in their research and development.

Shen Haiyin has said: "the design of the petrol car platform more excessive, and we want to do is to design a high-end platform plug-in cars, we don't want to make the use of the platform is too limited."

Wei horse car freeman shen, said he supports the idea of the alliance, but temporarily may not be a part of it, mainly because of wei horse car first models built by the platform has been performed by the independent research and development.

Mr Shen said that the integration of resources would help alliance members develop more advanced car technology and also help save money. He said: "if each of the members for the next generation platform needs to invest 200 million yuan, and if the four members spent 100 million yuan each, so that we can not only save $one hundred million, and finally build the platform of cost is 400 million yuan, not 200 million yuan, the advantage is obvious." , he said if the league to form, you can set up a separate company to manage the platform of research and development, and required global independent research and development of automotive engineering companies to participate in the auction to help the advanced vehicle technology, which can be Shared between alliance members.

In addition to sharing technology, the alliance may also buy basic car parts from external suppliers, such as axle and suspension. "We also plan to invite auto parts suppliers to join the joint venture," shen said.