Since the 70s of the 20th century, developed countries such as the United States, the United Kingdom, and Germany have begun to conduct research on driverless cars, and breakthroughs have been made in feasibility and practicality. The Celestial Empire also began to conduct research on driverless cars in the 80s of the 20th century, and the National Defense University of Science and Technology successfully developed the first real driverless car in the Celestial Empire in 1992.

A driverless car is a smart car that senses the road environment through an on-board sensing system, automatically plans a driving route and controls the vehicle to reach a predetermined goal.

It is the use of on-board sensors to perceive the surrounding environment of the vehicle, and control the steering and speed of the vehicle according to the road, vehicle location and obstacle information obtained by the perception, so that the vehicle can drive on the road safely and reliably.

There are quite a lot of technologies involved in unmanned driving, and the impact on traffic safety, regulations, etc. is also far-reaching. In Jiang Hui's view, there is still a long way to go for driverless cars to truly enter the civilian car market.

Although, sooner or later, Guanghui Automobile will enter this area of research, but not now.

"Mr. Li, are you serious? Our Guanghui Automobile doesn't have any experience in car manufacturing", Jiang Hui was a little confused about Boss Li's true thoughts now.

"I'm serious! Guanghui Group has no experience in making mobile phones, but Guanghui Mobile is about to subvert traditional mobile phones. I believe that with your glorious car, it will not be bad".

"Mr. Li, thank you for your trust in me, but Guanghui Automobile has just started, and it has no technology and assets, so it is difficult to evaluate its value. If you say it high, it's pit you, and if you say it low, I don't want to. If Du Niang is optimistic about the automobile industry, she also thinks that we can carry out some cooperation in auto parts", Jiang Hui considered the words and politely rejected Boss Li's proposal to invest in Guanghui Automobile.

"How do you cooperate with auto parts? Do you have any direction? Why don't we meet and talk in detail?", Boss Li said.

It seems that Jiang Hui's refusal of other funds to invest in Guanghui Automobile was something that Boss Li expected, so after hearing Jiang Hui's euphemistic refusal, Boss Li did not look disappointed.

For Boss Li, it is not so much that he is optimistic about Guanghui Automobile and wants to buy shares, but that he is optimistic about Jiang Hui and wants to increase the cooperation between Shen Niang and Guanghui Group.

The address of Guanghui Building is very close to Du Niang's office, and the two of them found a nearby restaurant and chatted while eating.

"Mr. Jiang, there are thousands of auto parts, which piece do you suggest we cooperate with first?", after Boss Li and Jiang Hui found a box and sat down, they began to talk about the topics they cared about.

"Of course, we are good at automotive electronics, although strictly speaking, automotive electronics and the Internet are not matched, but after all, they are still closely related to computer technology and software programming, so I think we can cooperate in this area first."

"Which company did Mr. Jiang fall into?"

"Haha~ When you are still Mr. Li, you understand me. But this time you may have to miscalculate, this time I plan to set up a company, and then poach people from several parts giants to engage in automotive electronics, the early stage is mainly to study the body electronic stability control system, and then enter the lane departure warning system, automatic reversing and other systems."

"Is the Electronic Stability Control system Bosch ESP?"

At present, there are six suppliers of electronic stability control systems in the world, namely Bosch, Trina, Denso, Aisin Seiki, Continental, and Delphi. However, because Bosch was the first company to put the electronic stability control system into mass production, and the ESP is a patented product of Bosch AG, only the ESP can be called ESP by Bosch. After Bosch, there are also many companies that have developed similar systems, such as Toyota's VSC and BMW's DSC", Jiang Hui probably introduced the relevant situation to Boss Li.

"Is this a problem?"

"There must be, the body electronic stability system is a new type of active safety system of the vehicle, is a further expansion of the function of the anti-lock braking system and traction control system of the car, and on this basis, a variety of sensors are added to control the driving force and braking force of the front and rear, left and right wheels through the ECU to ensure the lateral stability of the vehicle. In layman's terms, with this thing, the risk of loss of control of the vehicle on emergency steering or slippery roads can be greatly reduced. Figuratively speaking, this product is equivalent to the human cerebellum, which controls your body's balance and coordination. When you run forward and find a telephone pole in front of you, you can turn in time and not lose control and fall."

"As you just said, this thing is now basically controlled by several large parts companies such as Bosch in the world, not to mention that we have to circumvent various patents when we develop it, even if it is developed, which car company will use it?".

"In terms of R&D, a relatively mature technology like this can definitely be developed as long as the right people are dug up to form a R&D team. It's nothing more than giving more rice when digging people, in my opinion, this is a box of dollars, if it's not enough, then another box. As for the application you mentioned, European and American companies will definitely not use it in the early days, and I see this very clearly. As long as the quality is good and the cost is advantageous, after being used on the Guanghui Automobile, there is no need to worry about the enterprise using it," Jiang Hui said with a smile.

"If you have faith, then I'll follow you. How much money are you going to invest in this project?".

"I am ready to throw 200 million yuan into the initial R&D investment, considering the needs of follow-up factory construction, it will require at least 1 billion, and there may be more."

"Then I don't want to invest 100 million in Du Niang, and 200 million in Guanghui Group, but I only need 30% of the shares. We will first promote this project according to the registered capital of 300 million, and then make additional investment according to the proportion of shares."

"No problem, just follow what you said, Mr. Li."

It stands to reason that an investment of 100 million yuan can occupy 33.3% of the shares, but Boss Li must have taken into account that this project is a supporting project of Guanghui Automobile, and Guanghui Group is not short of that little money, and now Jiang Hui is willing to take Du Niang to play together, so he has made some concessions in the proportion of shares.

"What is the name of the company and where should it be located?"

"It's very simple, it's called Guangdu Electronic Technology Co., Ltd., in order to better attract talents, the R&D center is located in the imperial capital, I arrange a general manager, and Du Niang arranges a deputy general manager to be responsible for this project."

"No problem, happy to work with".

(End of chapter)