Lotus Technology (Lotus Tech) Chief Executive Qingfeng Feng has used a keynote address at the Hong Kong Web3 Festival to set out the EV maker’s thinking on how blockchain and artificial intelligence could support intelligent mobility. The speech covered connected vehicle ecosystems and the potential role of Web3 in long-term innovation. Lotus Tech said it is exploring applications such as blockchain-enabled data security and AI-driven intelligent driving and cockpit systems, within its existing focus on connected vehicle development. The company did not announce new products or partnerships at the event. The Hong Kong Web3 Festival is co-hosted by Wanxiang Blockchain Labs and HashKey Group. Across its previous three editions since 2023, the event has drawn more than 350 exhibitors and over 1,200 speakers. In a statement, Feng said: “With nearly eight decades of engineering and motorsport heritage, Lotus Tech sees intelligent mobility as a bridge between advanced technologies and everyday use. Web3 and AI are accelerating the industry’s shift toward more connected, intelligent vehicle ecosystems.” Daxue Wang, Chief Financial Officer of Lotus Tech, added: “The convergence of AI and Web3 presents opportunities for technology-driven efficiency and innovation across industries. For Lotus Tech, the focus is on disciplined exploration, strengthening core product competitiveness while evaluating how emerging technologies can support new services over time.” Source: Lotus Tech