Core Insights - The article highlights the journey of Wang Yifei, founder of Jidou Technology, who transitioned from the streaming industry to the automotive sector, emphasizing the challenges and innovations in the smart cockpit market [3][5][10] Company Overview - Jidou Technology was founded by Wang Yifei after his previous venture, PPTV, was acquired in 2014, leading him to identify a significant gap in the automotive smart experience market [3][5] - The company has evolved from being a newcomer in the automotive industry to a Tier 1 supplier for numerous car manufacturers, including luxury brands like Porsche and Xiaomi [6][10] Industry Context - The automotive industry is currently experiencing intense competition, often referred to as "involution," which Wang Yifei views as a catalyst for technological advancement and cost reduction [7][8] - Jidou Technology focuses on innovation as its core strategy, developing advanced solutions in automotive cockpit AI and digital services [8][9] Financial Performance - After overcoming a critical cash flow crisis in 2019, Jidou Technology has maintained a stable performance, with projected profits reaching millions in 2024 and aspirations for an IPO within three years [11][12] Future Outlook - The company anticipates a mixed future for automotive manufacturers, with some opting for in-house development while others will continue to collaborate with suppliers like Jidou Technology [9][12]