Hikvision Getting In The Smart Car Game?

A short press release mentions Hikvision setting up an automotive division. It appears to be a partnership with another Chinese auto company.
A google-translate excerpt from the Chinese release includes:
Business: Production and sales: car electronics products and software, automotive electronic components, intelligent
Vehicle information systems; technology development, technical consulting, technical services, transfer of results: Automotive Electronics and soft
Parts, automotive electronic components, intelligent vehicle information system; system integration.
It sounds like Hikvision wants to compete with Apple CarPlay, or maybe take on Tesla and Google for self-driving vehicle technology?