Hao Mo Zhixing received 300 million yuan in B2 round financing from Jiuzhi Capital and Huzhou Changxing, continuing to lead the mass production of autonomous driving in China

On April 23, Haomo Zhixing announced that it had received another 300 million yuan in Series B2 financing. Haimou's B2 round of financing was jointly invested by the company's old shareholder Jiuzhi Capital and Huzhou Changxing to set up an industrial investment fund. It will be used to continue to strengthen Haimou's R&D investment in autonomous driving, strengthen the company's core competitiveness, and consolidate Haimou's position as the leader in mass-produced autonomous driving in China.

Zhu Wei, Party Secretary of Changxing County, Huzhou, said that through efforts in recent years, Changxing has formed a high-quality automobile industry cluster led by vehicle manufacturing, and intelligence is An important development direction of the automobile industry, it is also the main battlefield for industry competition. The implementation of the intelligent driving project at the end of this time will add an important link to the Changxing Automobile industry chain and greatly enhance the intelligence index of Changxing Automobile industry chain.

"Han Hualong, Chairman of Jiuzhi Capital, said that smart cars are the core of my country's transformation and upgrading of the automobile industry from a major automobile country to a powerful automobile country, leading profound changes in the form of the automobile industry and transportation modes. It is not at all leading. With its advanced artificial intelligence technology and rich engineering experience, we are the leader in mass-produced autonomous driving in China. We firmly support the development and growth of Haimou and hope that Haimou will contribute to Changxing's smart car industry."

Zhang Kaizui. Chairman of Zhixing said: "In 2024, smart terminals will adopt 'extremely cost-effective' products, open up more customers, achieve large-scale commercial applications and mass production, and ensure that the smart market continues to occupy a leading position. Thank you to the new and old shareholders for their support and Trust and thank the leaders of Changxing for their recognition. We will adhere to the long-term leadership of technology and accelerate commercialization and ecological development.”

Maomo Zhixing CEO Gu Wei said: “Maomo is the first among Chinese autonomous driving companies. Entering the era of autonomous driving 3.0. In the future, Maomo will continue to invest in the research and development of large models, large computing power, and big data technology, and increase its self-developed sensing technology to ensure the rapid development of Maomo products with its technical base.”

In recent years, intelligent driving has become the protagonist of the second half of the automotive revolution. Winning intelligent drivers will win the future of the automotive market. There is no doubt that the penetration rate of high-end assisted driving in China's passenger cars will reach 70% in 2025, and China's smart driving market has huge development space and opportunities. However, as competition becomes increasingly fierce, elimination will accelerate on the smart driving track in the next few years. Leading technology products, strong customer resources, and abundant funds will be the key to supporting corporate competition.

In four years since its establishment, Feimo has grown into a leader in China’s mass-produced autonomous driving track. Up to now, HPilot has been equipped with more than 20 vehicles, with a smart driving mileage of 140 million kilometers, making it the first to enter the autonomous driving 3.0 era. Haomo HP170, HP370, and HP570 are three thousand-yuan assisted driving products with extremely high cost performance and can meet the mass production needs of different high-, medium-, and low-priced models. They will be mass-produced in 2024. At the technical level, Feimo is the first in China to lay out the development direction of autonomous driving technology with large models, large computing power, and big data. The industry's first self-driving generative model DriveGPT Xuehu·Hairuo released by Haimo has brought huge technological improvements in the development process of the self-driving system, making Haimo's self-driving system development completely enter a new model. The new development model and The technical architecture will greatly accelerate the evolution of automobile intelligence.

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