NavInfo's 2023 semi-annual report shows revenue growth of 9.71%

According to NavInfo's 2023 semi-annual report, the company's revenue increased by 9.71% year-on-year to 1.5 billion yuan. The intelligent driving business performed well, with revenue increasing by 41,999.87%. The company successfully launched scene map products to solve the pain points of L2-level products. It has reached strategic cooperation with companies such as Momenta and Horizon Robotics to jointly promote the intelligence of automobiles. In terms of intelligent core business, the new generation of intelligent cockpit chip AC8025 is expected to be mass-produced by the end of the year.