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Great Wall Motors strategically invests in Horizon and enters chip industry officially
Great Wall Motor Co., Ltd. has recently developed a strategic investment in the automotive smart chip company Beijing Horizon Robotics Technology Research and Development Co., Ltd..
This also marks Great Wall Motor’s formal entry into the chip industry. Great Wall Motors stated that Great Wall Motors will develop in the chip industry through strategic investment, strategic cooperation, and independent research and development.
According to the Great Wall Motors shows that currently more than 45% of Great Wall Motors’ models are equipped with L2 intelligent driving technology.
This year, Great Wall Motors will realize China’s first full-vehicle redundant L3 capable autonomous driving, China’s first mass-produced autonomous driving including lidar, and autonomous driving with NOH (High-Speed Autopilot Assisted Driving) capabilities.
Great Wall Motors has established 12 complete vehicle production bases and 5 KD factories worldwide, with a global sales network of more than 500.
(Via)