[Summary] Reshaping and comprehensively upgrading social mobility and logistics
Founded in 2019, Haomo Zhixing is an artificial intelligence technology company dedicated to autonomous driving. It was formerly the Intelligent Driving Forward-Looking Division of the Technology Center of Great Wall Motors. Haomo Zhixing aims for zero accidents, zero congestion, free mobility, and efficient logistics, helping customers reshape and comprehensively upgrade the social mobility and logistics methods.
In February 2021, Haomo Zhixing completed a Pre-A round of financing of several hundred million RMB, led by Shougang Fund, with follow-on investments from Meituan, Hillhouse Capital, and other investors. In December 2021, Haomo Zhixing announced a nearly 1 billion RMB A-round financing, with investors including Meituan, Hillhouse Capital, Qualcomm Ventures, Shoucheng Holdings, Jiuzhi Capital, etc. In April 2022, Haomo Zhixing announced an A+ round of financing of several hundred million RMB, led by Bank of China Group Investment Co., Ltd. As of the end of 2021, its revenue reached several hundred million RMB, making it the fastest-growing autonomous driving company in terms of short-term revenue growth in China.
In terms of business layout, Haomo is the number one mass-produced autonomous driving brand in China. Currently, Haomo's advanced driver assistance systems are installed in mass-produced models of Great Wall Motors, including the Wey Mocha, Tank 300 City Edition, Wey Macchiato, Wey Latte, Haval Shenshou, and Tank 500, with over one million vehicles planned to be equipped in the next two years. As of April 2022, Haomo's assisted driving users had driven over 7 million kilometers, and the system is expected to be installed in 34 models by the end of 2022. Haomo's fully self-developed NOH (Navigation on Highway) system was installed in the Wey Mocha in December 2021 and officially delivered to consumers. This makes Haomo the third company globally and the second in China to master full-stack intelligent driving capabilities. Haomo's fully self-developed urban NOH is also expected to go on the market in mid-2022, becoming the first mass-produced urban assisted driving system in China.
Additionally, Haomo has taken the lead in the field of terminal logistics autonomous delivery vehicles, having established cooperation with industry leaders such as Meituan, Wumart Duodian, and Alibaba DAMO Academy, ranking among the top in market share in this field. Haomo's self-developed terminal logistics autonomous delivery vehicle, the Xiaomotu 2.0, has been officially launched recently at an external price of 128,800 RMB, making it the first 100,000-yuan-class terminal logistics autonomous delivery vehicle in China.
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