Continental confirms intention to invest in auto digital key solution provider INGEEK

Published: Jan 11, 2024 19:07

Source: gasgoo

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Continental recently affirmed its strategic investment intentions in INGEEK, a leading player in China’s automotive digital key sector, according to Continental's press release.

Shanghai (Gasgoo)- Continental recently affirmed its strategic investment intentions in INGEEK, a leading player in China’s automotive digital key sector, according to Continental's press release.

The two companies are set to establish a strategic partnership, leveraging their strengths in vehicle entry systems technology, industrial production, toolchain, data security, user experience, and ecosystem services. Their joint goal is to provide cutting-edge integrated solutions for digital keys, catering to both the Chinese and global automotive manufacturers, and introducing innovative mobility services based on digital key technology.

Jean-Francois Tarabbia, Head of Continental Group's Connected Car Networking and Architecture division, expressed enthusiasm about working with INGEEK. He stated, "Together with INGEEK, we will craft a top-notch smart entry system end-to-end solution for the Chinese market. This collaboration allows Continental to strengthen its ecosystem in China and further provide solutions for intelligent mobility."

As a pioneer and leader in the automotive key and entry systems field, Continental introduced the market's first keyless entry system (PEPS) in 1998. Over the years, Continental has continued to innovate with digital key systems based on low-power Bluetooth (BLE) and ultra-wideband (UWB) technologies. The world's first production model equipped with Continental's UWB digital key system went into volume production in 2021.

INGEEK introduced the concept of digital keys in China at the end of 2017. It has so far achieved strategic collaborations with over 50 domestic and international automakers, implementing digital keys in 200 production models by November 2023.

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