A preliminary study on the layout of BAT (Baidu, Alibaba, Tencent) in the automotive industry

Since 1955, 52% of the companies in the S&P 500 have disappeared, and the average lifespan of listed companies has dropped from 33 years in 1964 to 24 years in 2016. It is expected that this number will continue to drop to 12 years by 2027. The new oligopoly represented by BAT seems to have mastered the future of the Internet and even laid out the winning formula for China's new economy. Will they last long? This time, facing the huge changes in the automotive industry, will they win the automotive war?

History is spiraling upward, and technology is always leaping forward. After World War II, there was a long period of peace. Every epoch-making innovation brought about the rise of new industries and the farewell of old forces. Moreover, the speed of metabolism of the old and the new has been accelerating.

Since 1955, 52% of the companies in the S&P 500 have disappeared. I saw the latest data posted by someone in WeChat Moments: the average lifespan of companies on the S&P 500 has dropped from 33 years in 1964 to 24 years in 2016, and it is expected that this number will continue to drop to 12 years by 2027. The replacement of the old with the new is now accelerating, and the old forces are being eliminated by the new generation of companies at a much faster rate.

Now, the new oligarchs represented by BAT seem to have mastered the winning formula for the layout of China's new economy. Will they last long?

Qichuangjun has always been concerned about the reshaping of the automotive industry chain. It is still unclear whether the vehicle companies or BAT will stand at the top of the food chain. However, BAT has already made a deep layout.

BAT's layout in the automotive field has attracted not only domestic attention, but also close tracking by foreign research institutions.

Here, we quote a report for your reference: