Tencent Wants to Be Foreign Automakers' Go-To Company for Tech in China's Electric Car Market

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Chinese internet giant Tencent wants to sell technology which the company says will help foreign automakers that want to sell cars in China’s EV market.

All cars letting passengers or drivers access Tencent apps from the vehicle's platforms need to have an agreement with Tencent, Liu said.

"The data is owned by [the] OEM, the consumer," Liu said, referring to original equipment manufacturers which provide components and parts for another company's product.

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