Gemalto partners with Alibaba-backed Banma to secure its first connected car

The SAIC Roewe RX5 (Source: SAIC Motor)

Gemalto is partnering with Banma Technologies – a joint venture between Alibaba Group and SAIC Motor – to supply its Machine Identification Module (MIM) for SAIC’s first “Internet Car”: the Roewe RX5.

The RX5 – launched in July 2016 – uses Gemalto’s MIM, which secures cellular M2M connections for industrial applications and sports advanced telematics features such as Bluetooth virtual car key, vehicle tracking, voice-command-enabled remote control of in-car functions, and real-time road condition alerts. The MIM is compliant with the GSMA standards and supports remote provisioning of any operator’s profile.

The Chinese car market is currently the largest and fastest-growing in the world[1]. In 2015, foreign and domestic car makers sold a total of 21.1 million passenger cars, up by 7.3% compared to 2014. For 2016,

According to Statista, China’s connected car market was expected to generate revenues of $7.7 million in 2016, and is forecast to grow at a 45% CAGR to as high as almost $34 million by 2020. In that same timeframe, Statista expects connected car penetration in China to triple from 4.8% to 18.1%.

 

Banma CEO Alex Shi said the Roewe RX5, empowered by Alibaba’s YunOS operating system, is “the first mass produced internet car”and “a breakthrough embodying years of research and technological innovation.”

“Connected cars mark the beginning of digital transformation across the automotive industry, paving the way for autonomous vehicles in the near future,” said Suzanne Tong-Li, president of Greater China and Korea at Gemalto. “Our expertise and global experience, combined with tried-and-tested secure connectivity solutions, put us in a sweet spot to help car manufacturers create smarter and more connected vehicles.”

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