Horizon Robotics

The chip is expected to be delivered within the next 3-5 years, with a single-chip computing power of about 500 to 700 TOPS.

The coPILOT system has secured orders from domestic Chinese automakers and is scheduled for mass production and delivery in 2026.

Firefly represents the first model to come out of the partnership between Horizon Robotics and Nio.

The joint venture, Carizon, is headquartered in Beijing and plans to recruit more than 300 experts by the end of 2023.

Horizon Robotics' former smart driving R&D director Liao Jie has joined BYD as head of the latter's smart driving team in Shanghai, according to local media.

The solution offers automakers a solution better suited to China's road scenarios and is expected to reach mass production levels by mid-2023, QCraft said.

Horizon Robotics entered into a partnership with Nio last week that will see one of the latter's new brand's models use its products, the chipmaker's CEO Yu Kai said.

Su Jing, a former Huawei executive and self-driving industry veteran, has joined Volkswagen's joint venture with Horizon Robotics, according to local media.

Volkswagen will take a 60 percent stake in the joint venture, and its software subsidiary Cariad will develop autonomous driving solutions with Horizon Robotics.

The joint venture will reportedly focus on developing self-driving technology and wireless connectivity software for Volkswagen.