Comment on Tencent Releases IoV Plug-and-play Gadget Lubao Box by Chinese OBD Hardware Developer AutoBot Receives US$6 Million Series A from Gobi Partners and ABC Capital - TechNode

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At Global Mobile Internet Conference held today in Beijing, Tencent released its first ever Internet of vehicle (IoV) hardware Lubao Box. Tencent added that Lubao Box will be sold both on e-commerce platforms and in 4S stores. Powered by Bluetooth connectivity, the plug-and-play gadget can be thus connected to smartphones and drivers can check the status of their cars via Lubao, a compatible mobile app developed by Tencent. At the same time, Tencent partnered with leading Chinese insurance company PICC and Shell Group to launch a car service platform. PICC will provide free roadside assistance to Lubao Box users, while both of the partners will offer Lubao Box users custom car maintenance services.