On January 27, SAIC Motor officially announced that it will carry out strategic cooperation with the Shanghai Microtechnical Industry Research Institute (hereinafter referred to as the Institute of Industry and Research) and jointly initiate the establishment of a multi-billion yuan "domestic automotive chip special fund" to connect their respective advantageous resources, jointly promote the accelerated landing of the vehicle regulation-level "China Core", and ensure that the automotive industry chain and supply chain are independent and controllable. The fund will actively promote the research and development and production of high-performance automotive chips, as well as investment in automotive electronics entrepreneurial projects, and will become an open platform in the future to attract more social funds to participate.

With more than 100 years of development history, the car is ushering in a huge opportunity for subversive change, and the vehicle will truly become a mobile intelligent terminal, and has the self-learning ability of "cloud pipe end" integration.
After years of development, China has become the world's largest automotive market, the trend of electrification and intelligence has promoted a significant increase in the number of automotive chips, and the localization of vehicle-grade chips has a scale foundation.
However, China's automotive semiconductors mainly rely on imports, and the output value of local automotive semiconductors accounts for less than 5% of the global share, and the import rate of some key components is 80%-90%. The "Chinese core" in the automobile has become a key area for the domestic automotive industry to vigorously tackle.
China's leading automobile GROUP, actively aiming at the commanding heights of the future development of the industry, will invest 300 billion yuan in innovative fields such as intelligent electric during the 14th Five-Year Plan period, and make every effort to accelerate the pace of independent innovation and comprehensively transform into a high-tech enterprise.
In the field of automotive chips, SAIC Motor has promoted the localization development of 75 chips and entered the mass production and application of the whole vehicle; at the same time, with industrial investment to empower technological innovation, invest in more than ten chip companies such as Horizon, Amlogic Semiconductor, Core Titanium Technology, And Xinwang Microelectronics, and continuously accelerate the layout of the automotive chip industry chain.
In order to further enhance the modernization level of the industrial chain and break through the "development bottleneck" of mainland vehicle-grade chips, SAIC Motor and the Institute of Industry and Research initiated the establishment of an automotive chip engineering center, which will continue to unite automotive and integrated circuit industry chain partners to jointly build a public platform for vehicle-grade chip design and pilot test, and rely on the "domestic automotive chip special fund" to actively promote the vehicle-grade chip mass production line project and create a future-oriented automotive-grade integrated circuit ecosystem.
SAIC Motor, a leading automobile listed company in China, is focusing on "user-centric", comprehensively exerting efforts to "data determines experience, software-defined cars" of a new generation of electric intelligent vehicles, and accelerates the transformation into a user-oriented high-tech enterprise with technological upgrading, business globalization, brand premiumization and ultimate experience.
In 2021, the company's vehicle sales have remained the first in China for sixteen consecutive years, the sales volume of independent brands has occupied "half of the country" for the first time, the sales volume of new energy vehicles in China and the second in the world, and the first in China for overseas sales for six years; At the same time, the company ranked 60th in the Fortune Global 500 for the 17th time.
Founded in 2013, Shanghai Microtechnology and Industry Research Institute was initiated by Shanghai Municipal Science and Technology Commission, Jiading District and Shanghai Institute of Microsystems of the Chinese Academy of Sciences, which is a functional platform for R&D and transformation integrating R&D, engineering and industrialization, and has the country's first 8-inch "beyond Moore" R&D pilot line.
Referring to the innovation model of the International Advanced Industrial Research Institute, Shanghai Microtechnology Industry Research Institute continuously reduces industrial research and development costs, shortens the product development cycle, and gradually explores a path of hematopoietic and sustainable development through measures such as company registration, market-oriented operation, investment in basic research and development facilities, introduction of world-class talents and extensive industrial docking.