Botai founder Ying Yilun: give up building a car, focus on car networking

At the moment when the Internet and technology companies built cars, Botai Group announced that it had built a car, but it only made a step in it and decided to give up.

On the morning of May 7, Ying Yilun, founder and chairman of Botai Group, responded for the first time at the China Automotive Blue Book Forum on why he gave up his car. He said: "In the past, I didn't know enough about the auto industry. Through some visits, I found that the risk of making a car was too great. The past thoughts lacked a thing of awe."

Botai founder Ying Yilun: give up building a car, focus on car networking

Ying Yilun believes that building a car is an awesome industry. In his view, the current automobile industry consists of five layers, and manufacturing is only the first layer, but this industry has undergone 130 years of development, technology and regulations. The barriers are already very high. This is not the director of Botai, and there are huge business opportunities in the five levels of the development of the automotive industry. Only focus can make achievements.

According to Ying Yilun, in addition to the first layer of manufacturing, the automotive industry also has four levels of new energy, driverless, car networking and business models. Botai is the best and most advantageous industry in the fourth layer - the Internet of Vehicles.

However, the development of new energy vehicles is still facing huge controversy, including the issue of energy generation and recycling. Ying Yilun said that every progress of new energy can win the Nobel Prize, and Botai does not have an advantage here. Although Tesla has succeeded, Tesla’s success cannot be replicated. Every car company has Your own characteristics are not reproducible.

In terms of driverlessness, the most advantageous in the industry is the Bosch Group, which has the most patented automotive electronics technology in the world. Internet companies must break through these, such as Google, but this requires huge investment, in addition to whether such disruptive innovation is necessary and economic.

For the fifth-tier business model innovation, Ying Yilun believes that Didi and Uber have been very successful.

However, if it is necessary to spend a lot of money to make breakthroughs in the above-mentioned industries, Botai is more willing to focus all its energy on the car networking industry that it is good at. At present, this company has become the cooperation of Mercedes-Benz, Volkswagen, Audi, SAIC and other car companies. square.

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