Horizon Bets on ‘Non-Famous’ Yihang in China’s ADAS Race
Chinese autonomous driving supplier Yihang Intelligent Technology has secured a strategic investment from chipmaker Horizon Robotics, a move that validates its decade-long, low-profile focus on mass production in the nation’s fiercely competitive smart car market.
Horizon Robotics has invested approximately 200 million yuan (US$27.7 million)