On April 21st, BYD and Horizon officially announced their collaboration. BYD will install Horizon’s powerful autonomous driving chip, Horizon Journey 5, on some of its car models in order to create an integrated solution for parking and driving. According to the plan, cars equipped with the Horizon Journey 5 chip will be launched by BYD in the middle of 2023 at the earliest. This collaboration is another breakthrough of the two companies in their business cooperation, after previously investing in Horizon and forming strategic partnership with it. BYD has become the first automaker to officially announce that it will adopt the Horizon Journey 5 chip.
Recently, BYD has been frequently making moves in the field of intelligent driving. At the end of last year, BYD announced the establishment of a joint venture company named “D-UP Intelligence” with Momenta. On March 23rd, BYD also announced a partnership with NVIDIA, stating that some of its new energy vehicles will be equipped with the NVIDIA DRIVE Hyperion platform from 2023 onwards, which means that BYD will adopt NVIDIA Orin chip. Today, BYD has announced yet another new chip supplier – Horizon. NVIDIA and Horizon both supply high-performance chips, while D-UP Intelligence is mainly responsible for software development.
In terms of power batteries, BYD has self-developed capabilities and even supplies power batteries to other automakers as a supplier. However, BYD’s ability in intelligent technology is relatively weak, especially in intelligent driving. In today’s market where consumers place great value on intelligent driving, BYD’s rapid growth strategy is to collaborate with industry leaders in order to quickly boost its strength.
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.