NavInfo cooperates with BYD, and its intelligent driving business revenue grows

The cooperation between NavInfo and BYD has driven the year-on-year growth of the intelligent driving business revenue. In the first half of 2023, the intelligent driving segment achieved revenue of 144 million yuan, compared with less than 400,000 yuan in the same period last year. This is mainly due to the shipment volume driven by BYD, a major customer.