Zhejiang issues intelligent vehicle plan, expecting RMB1 trillion output value by 2025

Shanghai (Gasgoo)- Zhejiang Provincial Development and Reform Commission released the Zhejiang Innovative Development Plan for Intelligent Vehicle (2020-2025) on November 1. Zhejiang is expected to achieve a coordinated development of intelligent vehicles with intelligent transportation, facilities and smart cities by the end of 2022, according to the Plan. It adds the output value of intelligent vehicles and correlative industries is to exceed RMB800 billion ($114 billion) by 2022 and RMB1 trillion ($143 billion) by 2025.     

(Photo source: Geely)

The Plan points out the primary task of the intelligent vehicle segment is to make breakthroughs in its core technologies including environment sensing, high precision positioning, planning and decision-making, control execution and virtual simulation. Supercomputing platform and intelligent vehicle software platform are also among them. Meanwhile, the province will further the research on IoV (Internet of vehicle) and CVI (cooperative vehicle infrastructure) technologies.

It also intends to optimize the industrial layout, propel the vehicle test and application demonstration, build cooperative vehicle infrastructures and improve regulations system.

Besides, Zhejiang has signed a strategic agreement with Shanghai, Jiangsu and Anhui for the development of ICV (intelligent connected vehicle) in the Yangtze River Delta region. The four parties will join hands to create a test certification demonstration system and to develop a new generation of ICV infrastructures. They will also be committed to the ICV industrial development standards, and a pilot zone for the vehicle test.