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Construction of intelligent traffic city: parking dynamic data will
be intelligent networking

SOURCE: PEOPLE'S DAILY DATE: 2017/09/01

China's wisdom traffic city construction has added a piece of good news! On August 30, the largest intelligent parking company ETCP Group and largest car networking company Botai Group in China reached a strategic cooperation, and held a signing ceremony in 2017 Shanghai Wanda International Business Conference ETCP forum. The two sides will work together to develop dynamic data based on the parking of intelligent car network services, thus ETCP will complement its car ecological closed-loop, and complete an important piece for car networking giant puzzle.

China's motor vehicle ownership of nearly 300 million in the huge market, today, this cooperation can be described as a matter of course in the development of the smart Internet technology and business model. As the world's leading car networking company, Bo Tai is committed to the real linking with people, cars, roads, cities and other "car-related" things. Parking as the daily frequency of the owner, is the most indispensable part of the car life, naturally to be the resources fought by "car networking" enterprises. However as the leader of China's intelligent parking industry, committed to building intelligent transportation city ETCP, is the best choice for each other.

At present, ETCP has become the necessary tools for a large number of car owners with supporting more than 200 cities, 6000 + parking lot electronic payment, in the bad weather drivers do not have to open the window to take the card and pay cash, to avoid the risk of taking card and paying cash for the new parking, without the sense of out of the parking lot, at the same time you can use insurance, car wash, refueling, beauty, maintenance and other vehicles one-stop service, to enhance the parking experience of owners. It is reported that Botai is engaged in R & D and system integration of vehicle intelligent terminal and related service platform. It serves dozens of car brands such as Mercedes-Benz, Volkswagen, Audi, Volvo, Citroen and Cherry and has signed long-term contracts with DS and Volvo. Through this cooperation, the ETCP non-stop parking service without sense will be carried on all vehicles permitted by the business clients of Botai and provide the full amount of static and dynamic data of the parking lot and the third-party parking lot for the Bo Tai car network, the electronic payment parking fee function and Bo Tai service vehicle owners authorized access to the dynamic information, technical support, after-sales service, product features and data on a regular basis to renewal and upgrade, so as to serve the Bo Tai car customers and the terminal users to provide the best parking program.

In addition to the intelligent parking service area, ETCP and Bo Tai will also use their respective advantages of resource technology, to engage in deep cooperation in the seven areas of time-sharing leasing and sharing travel, automatic driving and unmanned driving, artificial intelligence image recognition, depth service based on car network, time-sharing parking and sharing parking services, user points system passing and intelligent payment.

Bo Tai CEO Ying Yiluan once said that: "With the cooperation of ETCP, to further improve the Botai car network system. ETCP as the country's largest localized service traffic import, to solve the problems, like the emergence of services cannot land in the process of building ecological for the car enterprises, where the car is, what the car is doing, whether can push the service and other problems. Whatever the parking space resources or data collection capabilities, it will be further upgrade the end-user driving experience, it is the ideal partner of Botai. The depth of strategic cooperation between the two sides can create greater value and to share greater value with the users and car enterprises.

Following taking the Wanda flying B15.5 billion strategic investment, after the system accessing all commercial projects of the internal and external cooperation of Wanda system, it formally entered the country's highest authority in March 2017 - People's Congress office, last year, ETCP by virtue of 8.3 billion valuation became the only unicorn in the smart parking industry. At present, ETCP occupying the smart parking market 80% share has sufficient capacity to improve the "car network" ecological closed-loop. ETCP Group Chairman Tan Long said: "jointing with Botai, which means that ETCP officially entered the intelligent driving industry, not only can help ETCP in the pre-installed areas to develop more users, more importantly, by the deep strategic partnership with Bo Tai and car, the two sides joined together to establish billions of entrance and ecology based on parking lot, car services, consumer finance, asset management for car owners service and other extended services, as the parking for original point, generating more sharing, going out, new energy and all kinds of business model and profit model of intelligent and unmanned driving on the ETCP quality.

Specific business cooperation, under the right conditions, the two sides will also use their own resources and channel advantages to do industry promotion, brand promotion, market cultivation, market research and other aspects of strategic cooperation for the customized version of the product.

No matter the intelligent parking or car networking, its purpose is to accumulate data and technological innovation to build urban intelligent traffic system, redefine the "car life", with the joint of two industry giants, the smart traffic life footsteps have been getting closer to us.