July 23, faw (nanjing) science and technology development co., LTD. (hereinafter referred to as the "faw nanjing") and the horizon signed a strategic cooperation agreement, the two sides in the automobile of artificial intelligence, perception technology, advanced auxiliary driving (ADAS), high level automatic driving cars, intelligent interaction, software defined areas such as promote deeper cooperation, forming a comprehensive, long-term and stable strategic cooperative partnership.

Chen Bo, GENERAL manager of FAW Nanjing, and Zhang Yufeng, vice President and general manager of Horizon's intelligent driving product line, signed the strategic cooperation agreement

Faw nanjing ahead in the field of automobile manufacturing technology and development experience, with the horizon in the chip level gauge AI and the sense of strength in the field of software algorithm, the two sides will work together to create "the red flag, AI core brain" core is the integration of AI platform, focus on advanced auxiliary driving (ADAS) and high level automatic driving direction in-depth cooperation and joint development, open service faw hongqi car production.

Faw Nanjing is a wholly-owned subsidiary of China FaW Group Co., Ltd. established in Jiangning District, Nanjing City. Relying on core artificial intelligence technologies such as deep learning and data mining, FAW nanjing is committed to technology research and development in six fields, namely, AI autonomous driving, AI intelligent interaction, AI big data, AI intelligent manufacturing, AI intelligent logistics and AI intelligent transportation. The company takes the artificial intelligence enabling automobile industry as its mission, comprehensively lays out the "automobile +AI" entire industrial chain, and strives to build "China's first and world first-class" ARTIFICIAL intelligence RESEARCH and development center.

Horizon is a global leader in edge AI chips, with leading AI algorithms and chip design capabilities. It has successfully launched China's first vehicle level AI chip, Journey 2, which has achieved a major technological breakthrough in domestic vehicle-mounted AI chips. At present, Horizon is the only one in China to achieve a car level artificial intelligence chip pre-installed mass production of technology enterprises. As planned, Horizon will launch an even more powerful advanced autonomous chip, Journey 5, this year, with AI power 96TOPS and actual performance superior to tesla's FSD chip.

The strategic cooperation between Horizon and FAW Nanjing marks the two sides' in-depth cooperation in such technical dimensions as artificial intelligence algorithms and the mass production of domestically made car planning AI chips, and the two sides will jointly build the core technology of full-chain autonomous driving AI based on their respective core research and development capabilities. In the future, the two sides will focus on promoting in-depth cooperation in faW's front loading and mass production direction, jointly develop future-oriented autonomous driving products, and jointly lead the trend of intelligent change in the automobile industry.