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

Published: Jan 11, 2024 19:07
Source: 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.

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.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
February Auto Production and Sales Data Released, NEV Exports Continued Strong Growth. Will the Auto Market Gradually Strengthen in March? [SMM Special Report]
16 hours ago
February Auto Production and Sales Data Released, NEV Exports Continued Strong Growth. Will the Auto Market Gradually Strengthen in March? [SMM Special Report]
Read More
February Auto Production and Sales Data Released, NEV Exports Continued Strong Growth. Will the Auto Market Gradually Strengthen in March? [SMM Special Report]
February Auto Production and Sales Data Released, NEV Exports Continued Strong Growth. Will the Auto Market Gradually Strengthen in March? [SMM Special Report]
16 hours ago
Zhongli Invests 350M Yuan in Anji for Intelligent Robots and Forklift Parts Project
16 hours ago
Zhongli Invests 350M Yuan in Anji for Intelligent Robots and Forklift Parts Project
Read More
Zhongli Invests 350M Yuan in Anji for Intelligent Robots and Forklift Parts Project
Zhongli Invests 350M Yuan in Anji for Intelligent Robots and Forklift Parts Project
Zhongli Co., Ltd. (603194.SH) announced that, to meet its business development needs, the company plans to invest 350 million yuan in the Zhejiang Anji Economic Development Zone to build a project with annual production capacity of 50,000 intelligent robots and 100,000 sets of forklift components and parts. The funding will come from self-raised funds, including its own funds and bank loans. The project will primarily engage in the R&D and manufacturing of intelligent robots and forklift components and parts equipment.
16 hours ago
NVIDIA Launches L4 Autonomous Driving Platform, Multiple Automakers Announce Partnerships
17 hours ago
NVIDIA Launches L4 Autonomous Driving Platform, Multiple Automakers Announce Partnerships
Read More
NVIDIA Launches L4 Autonomous Driving Platform, Multiple Automakers Announce Partnerships
NVIDIA Launches L4 Autonomous Driving Platform, Multiple Automakers Announce Partnerships
[Nvidia Unveiled an L4 Autonomous Driving Platform, and Multiple Automakers and Mobility Platforms Announced Partnerships] On March 17 local time, at the 2026 GTC conference, Nvidia announced multiple advances in L4 autonomous driving technology and partnership updates. It will work with leading automakers including BYD, Geely, and Nissan to jointly develop next-generation L4 autonomous driving programs based on the NVIDIA DRIVE Hyperion platform. Isuzu, meanwhile, partnered with TIER IV to use the platform’s core component, the DRIVE AGX Thor chip, to build an L4 autonomous driving bus.
17 hours ago
Continental confirms intention to invest in auto digital key solution provider INGEEK - Shanghai Metals Market (SMM)