Beijing Internet of Vehicles Industry Fund

The Beijing Intelligent Connected Vehicle Industry Venture Fund operates as a dedicated investment vehicle focused on advancing the intelligent connected vehicle sector within Beijing. The fund specifically targets strategic areas including automotive chips, comprehensive vehicle-road-cloud-map integration, autonomous driving solutions, and advanced in-vehicle sensors, providing capital to enterprises developing these core technologies. Its investment strategy underpins the technological evolution required for next-generation mobility.

This venture capital fund was officially launched on July 6, 2023, during the Digital Intelligence Empowers Intelligent Connected Industry Forum, a special session of the Global Digital Economy Conference 2023. Initiated by Beijing E-Town and formally approved by the Beijing Municipal People’s Government, it is managed by Beijing E-Town International Industrial Investment Management Co., Ltd., a subsidiary of Beijing E-Town Capital. The fund's establishment stems from a strategic insight into fostering localized innovation and industrial development in a critical technology domain.

The fund serves enterprises engaged in the intelligent connected vehicle ecosystem, particularly those innovators in the identified key technology areas. Its long-term vision centers on stimulating and accelerating the growth of Beijing’s intelligent connected vehicle industry, thereby establishing a robust local ecosystem. This strategic investment aims to cultivate a resilient and advanced technology landscape for future mobility within the region.