Horizon Robotics

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

Chery is planning at least five models with L2+ assisted driving capabilities based on its E0X platform, which will use Horizon Robotics' Journey 3 chip as the computing cornerstone.

SAIC's software arm SAIC Z-ONE will build a smart driving platform using two Journey 5 chips, which will be used in SAIC's models to be launched in 2023.

In May, FAW's Hongqi brand confirmed that it will use Horizon Robotics' chips in a new model.

Nio is evaluating the Journey 5 chip from local chip company Horizon Robotics, according to local media. BYD will use the chip in some of its models to be launched in 2023.

BYD models equipped with Horizon Robotics' latest Journey 5 chip will be available as early as mid-2023.

Neta is currently targeting the affordable market, though a series of recent moves suggest it could launch more competitive models next year.

If car companies use multiple chips to build autonomous driving domain controllers, they can reach a maximum of 1,024 TOPS, which can support L4 autonomous driving, the company said.

Previously, both Nio and Li Auto have become premium members of the seL4 Foundation.

Horizon Robotics has received SGS-TÜV ISO 26262 ASIL-B Ready functional safety product certification for its Journey 5 chip with up to 128 tera operations per second (TOPS) of AI computing power, paving the way for mass production.