Chongqing, a traditional industrial powerhouse, has been leading western China in intelligent connected new energy vehicle development in recent years, and the ongoing Smart China Expo is expected to bring more technology and investment to the city.
At the expo, Chongqing enterprises signed 84 major projects with a contract value of 213 billion yuan ($29.4 billion). About one-third of the agreements involved intelligent connected NEVs.
Among those projects, Chongqing Yulong Asset Management will partner with Chinese technology giant Huawei to build a super-fast charging industrial ecological network. Banma Network Technology, an offshoot of Alibaba Group, and automaker SAIC, will…