Honda and Alibaba will jointly develop ‘connected cars’ to make online services available to drivers
Honda Motor will partner with Alibaba Group Holding on developing services for connected cars as more automakers start working with Chinese internet conglomerates in hopes of making further inroads into the world’s largest auto market.
The Japanese automaker will work with the Chinese e-retailing titan’s AutoNavi business. They plan to develop a service that lets drivers make reservations using AutoNavi maps and make payments via Alibaba’s online platform Alipay. Decisions will be made soon on when to make the service available on which vehicles.
Alipay has over 500 million users and is a commonly used payment method in China. The planned service would also let drivers pay for parking and gas more conveniently.
Honda and AutoNavi have partnered since 2015 on multipurpose car-navigation systems that exploit big data. They are looking to extend their collaboration to cover services for connected cars, tapping Alibaba’s array of services. Connected cars require much of the same tech as smartphones, such as payment platforms and artificial intelligence.
Source: asia.nikkei.com
Anders Olofsson – former Head of Payments Finastra
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
