Horizon Robotics acquires stake in E-Hangzhou Intelligent

Yihang Intelligent has received strategic investment from Horizon Robotics and has become its fourth largest shareholder. Yihang Intelligent is a Tier 1 in the Horizon Robotics ecosystem and has developed a mid-range solution based on the Horizon Robotics J6E/M and successfully delivered it in mass production. This investment will help Yihang Intelligent seize the market opportunities for the popularization of intelligent assisted driving, especially the demand for mid-range solutions for 100,000 to 200,000 yuan models.