Alibaba and FAW team up to deliver next-generation smart vehicles

The tie-up will leverage Alibaba’s Banma Network Technology platform to build a new intelligent connected vehicle operating system. — SCMP

Alibaba Group Holding has teamed up with China’s state-owned FAW Group Corp to jointly build next-generation smart vehicles, as competition intensifies in the world’s largest car market ahead of the broader roll-out of 5G networks.

Their partnership will involve Banma Network Technology, an Alibaba-led open mobility platform, to develop a new intelligent connected vehicle operating system and help promote the use of digital intelligence in the car industry, according to a joint statement released by Alibaba and FAW on Thursday.