Connected Vehicle

Gemalto and Banma Technologies partner to produce China’s first Internet car

Gemalto has partnered with Banma Technologies for the production of China’s first Internet Car named as Roewe RX5. Banma
Technologies is a joint venture between ALIBABA GROUP and SAIC Motor.

The RX5 will be gemaltousing Gemalto’s Machine Identification Module (MIM) — securing cellular M2M connections for industrial applications — and features advanced telematics such as Bluetooth virtual car key, locationing of the vehicle, voice-command-enabled remote control of in-car functions, and real-time road condition alerts, etc.

The Chinese car market is at present the largest and fastest-growing in the world. In 2015, foreign and domestic car makers sold a total of 21.1 million passenger cars, up by 7.3% compared to 2014.

According to some reports, the connected car market in China is likely to grow at a compound growth rate of 45% to reach around $33.9 million by 2020. Also, connected car penetration in China is projected to triple from 4.8% to 18.1% over the same period.

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