Digital car keys to unlock huge market

The accelerated implementation of digital car keys will unlock a potential 100-billion-yuan ($13.77 billion) market for intelligent vehicle control systems, and this will not only benefit Chinese automotive companies going global, but also facilitate international brands in further exploring the domestic market, senior executives at an intelligent automotive solutions provider said.

"The industry needs a standard, complete digitized solution, whether it relates to international automobile companies competing in the domestic market or Chinese brands trying to expand their business overseas," Shan Hongyin, CEO of Shanghai-based Ingeek Technology Co Ltd, said during an interview with China Daily recently.

Shan said Ingeek Technology launched the latest 3.0 version of its digital key platform last month, offering a turnkey solution for automotive original equipment manufacturers (OEMs) to jointly deploy Apple Wallet-integrated digital keys at scale, thereby extensively reducing certification timelines with greater efficiency.