Confidant Automobile Technology Co., Ltd. was registered on February 25th, 2020, and its legal representative is Wang Xiaoqiu. The largest shareholder is Shanghai Yuan Jie Intelligent Technology Equity Investment Fund Partnership (Limited Partnership), with a shareholding ratio of 72%. The latter is a holding subsidiary of SAIC. Alibaba (China) Network Technology Co., Ltd. holds 18%, making it the second largest shareholder.
SAIC announced that it plans to jointly establish the "Shanghai Yuan Jie Intelligent Technology Equity Investment Fund Partnership (Limited Partnership)" with Zhangjiang Hi-Tech and Hengxu Capital. The fund plans to jointly invest in high-end intelligent pure electric vehicles with Alibaba, and the project is tentatively named "Smart Car".
The source of the name of Zhiji
The Chinese name "bosom friend" is taken from the book of changes, "I know everything, I can say everything." It is intended to consider everything with wisdom, diligently explore, define and create, and realize the wisdom travel that the times drive and users need.
The English brand name "IM" means IntelligenceinMotion, which is a rational reflection on the evolution direction of smart cars: focusing on the deep intelligence of the whole vehicle created by artificial intelligence and human intelligence.