On June 27th, Horizon Robotics officially announced that it had received strategic investment from FAW Group. Since 2020, Horizon Robotics has successively reached strategic cooperation with FAW Nanjing and FAW Intelligent Connected Vehicle Development Institute. In May 2022, Horizon Robotics obtained the application of a brand-new car model project from FAW Hongqi. Based on the multi-core Journey 5 chip, Horizon Robotics will work with industry partners to jointly help FAW Hongqi create high-end autonomous driving solutions.
Since its establishment, Horizon Robotics has received strategic capital from numerous car companies, such as SAIC Group, GAC Capital, Great Wall Motors, Dongfeng Asset, and BYD, as well as upstream and downstream enterprises in the industrial chain, including Intel, SK, Hynix, CATL, Veer, and Sunway Optoelectronics.
Horizon Robotics is the first domestic technology company to complete mass production of front-loading ADAS chips. Currently, Horizon Robotics is rapidly advancing the mass production of the Journey 5 chip. As of now, Journey 5 has been designated for cooperation with mainstream car manufacturers such as BYD, ZIYOUJIA, and FAW Hongqi. In addition, Horizon Robotics has also reached strategic cooperation with autonomous driving companies such as QZ Intelligent Navigation, Hongjing Intelligent Driving and Juefei Technology.
As of the end of 2021, the cumulative shipment of Journey chips from Horizon Robotics has exceeded one million pieces. Currently, Horizon Robotics has signed production-oriented contracts for over 70 models with more than 20 car companies, becoming the largest mass produced Chinese autonomous AI chip enterprise.
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.