Three companies from Beijing E-Town have made it in onto the latest KPMG China Leading Automotive Technology Enterprises Top 50 List.

PhiGent, Autra Tech and InchTech, which are all based in the Beijing Economic-Technological Development Area (Beijing E-Town), are on the recently released list, which is a recognized indicator for the automotive industry.

By developing visual sensors and innovative AI algorithm paradigms, PhiGent aims to create comprehensive intelligent vehicle product solutions, while Autra Tech, targeting the transformation of trunk logistics through technological innovation, has piloted a full-stack self-developed intelligent driving system, AutraPilot.

InchTech aims to provide AI-driven security protection, big data analysis capabilities and comprehensive compliance management for intelligent vehicles, while offering full-lifecycle connected and information security products and solutions.

New technologies such as artificial intelligence, big data and cloud computing are being rapidly integrated into automotive industry. The market is also quickly responding to the diverse needs of consumers, driving the automotive industry towards a greener, more efficient and more intelligent direction.

From intelligent driving technologies to new energy power systems, from connected vehicles to the application of artificial intelligence in the automotive field, technological innovation is becoming the core driving force behind the development of the automotive industry, and the listed companies from Beijing E-Town reflect the direction of industrial transformation and upgrading in this region.

In response to the rapid changes in the Chinese automotive market, Beijing E-Town will focus on promoting the transformation and upgrading of the traditional automotive industry in terms of intelligence, connectivity, and electrification, aiming to enhance the resilience and security of the automotive industry chain and fostering a trend towards scalable development.