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Young innovator is driving a new way of parking

Updated: May 7,2015 3:57 PM     China Youth Daily /

Ever hunt, behind the wheel, in the concrete jungle maze for a space to park your vehicle? Help may be at hand, literally. A young entrepreneur has developed a mobile app that lets you find the nearest parking space for hire.

“Dingding Tingche,” the brainchild of Shen Ao, a 27-year-old former engineer, can navigate your car to the right place, and open the parking lock automatically if you choose to rent a particular parking space.

Through the app, the owners of parking spaces can allow drivers to park their vehicles for a price. For those with more long-term plans and who wish to purchase a parking space the app will help them find potential sellers.

Shen is also promoting a “smart” parking lock, which will be chip operated, to connect with the app, allowing users to control the lock with a simple tap on their mobile phones.

Shen got his inspiration from observing drivers desperately seeking parking spaces while nearby he realized there were a number of empty spaces.

He decided to quit his job as a senior engineer with an annual income of 240,000 yuan ($39,000), to establish his start-up.

“Creating a start-up has always been a dream of mine. I did not want to miss this chance and regret it later,” said Shen, who graduated from Southeast University with a bachelor’s degree.

Shen’s innovative idea attracted angel investors’ interests and he won backing worth millions of yuan at the end of 2014.

“Dingding Tingche” has now launched trial projects in communities in Beijing and Shanghai.