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:
...

********>
********: ********** *** *****: *** *********** ******** *** ********, ********** electronic **********, ***********
******* *********** *******; ********** ***********, ********* **********, ********* ********, ******** of *******: ********** *********** *** ****
*****, ********** ********** **********, *********** ******* *********** ******; ****** ***********.
** ****** **** ********* ***** ** ******* ********* *******, ** ***** **** ** ***** *** ****** *** ****-******* vehicle **********?
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