With the gradual improvement of the level of automotive intelligence，the technological change of the internet of vehicles will bring subversive changes to the architecture of the entire vehicle product. This article will introduce the value chain，industry chain and innovation chain，as well as its transformation in functional value；analyze the current of the market development status of China's intelligent networked vehicles in the vehicle and parts profoundly；summarize the development process of China，and propose new development plans in terms of laws，regulations and technology applications to meet new challenges and escort the development and development of autonomous driving and driverless driving.