Development History of Mushroom Car Alliance

In October 2019, the company launched the first open 5G commercial smart transportation vehicle-road collaboration project in China; in June 2020, it achieved safe autonomous driving in extreme weather conditions such as heavy rain and night, and the feasibility of the system-level solution was verified; in April 2021, it released the "Vehicle-Road-Cloud Integration" system 2.0; in 2022, Mushroom Car Union's "Vehicle-Road-Cloud Integration" system 2.0 was launched in Hengyang, Hunan, which is the first city-level autonomous driving project in China. In September 2022, the company released the world's first mass-produced autonomous driving front-mounted bus equipped with the "Vehicle-Road-Cloud Integration" system, which provided strong support for the large-scale implementation and operation of autonomous driving projects in many places.