OVC begins to focus on ICV business

Leaders of the nine OVC enterprises pose for a group photo to celebrate the founding of the new consortium. [Photo/WeChat account of Optics Valley of China]

The East Lake High-tech Development Zone (also known as Optics Valley of China, or OVC) has arranged and added a new energy vehicle (NEV) and intelligent connected vehicle (ICV) industry section to their 2023 "Made in OVC" activity series on April 12.

At the event, nine local enterprises jointly founded the valley's new NEV and ICV consortium.

As ICV has become an emerging smart mobile platform, digital space and energy storage unit, traditional optoelectronic information technologies that the valley has previously utilized will be further developed and applied in the automobile industry.

Moving forward, OVC will give full play to its advantage in optoelectronic information, complete its top-down design, accelerate the construction of relevant infrastructure and scenarios, and promote its road testing and demonstration application work.

In the beginning of this year, two major projects, invested in by Baidu and JIDU, settled in the valley. They have enhanced the strength of Hubei and Wuhan in ICV research and innovation, and have hastened the upgrading and transition within their automotive sectors.

"We have been conducting emerging technology research in subdivisions, such as autonomous driving, smart cockpits, smart electronic control, and internet of vehicles," said Zheng Hecheng, a senior official from Wuhan KOTEI Information Technology Co. KOTEI is China's first listed ICV software company and is also one of the nine founding companies of the new consortium.

Additionally, Optics Valley Traffic Co issued a procurement demand for its Cooperative Vehicle Infrastructure System project at the event, which was then followed by road shows carried out by eight leading firms in optoelectronic information, internet of things, cloud computing, big data, and artificial intelligence.

These companies also demonstrated many interdisciplinary technologies, and delivered detailed interpretations on their technology breakthroughs and core competence in their respective fields.