Caixin
Apr 28, 2023 03:39 AM
BUSINESS

China’s Smart Cockpit Market to Nearly Double in Five Years

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China’s smart car startups are pushing to develop different smart cockpit features
China’s smart car startups are pushing to develop different smart cockpit features

The China market for smart cockpits in vehicles is expected to grow 17% annually over the next five years as automakers push the transition to intelligent vehicles, accounting and consulting firm KPMG estimated in a report.

That will almost double demand to 212.7 billion yuan ($30.7 billion) from last year’s 112.7 billion yuan, according to the KPMG report released Thursday.

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