Hong Jing Drive develops autonomous driving hardware and software, including L2.5 advanced driving assistance systems for passenger cars and the HyperTruck One L3 digital logistics heavy truck. Its passenger-car L2.5 ADAS is built on domestic AI chips and 8M Ultra HD cameras and supports more than ten functions such as navigation-assisted driving, intelligent following, front collision warning and full-speed adaptive cruise. The company announced nearly 100,000 ADAS sets had been shipped by December 2021. It has also deployed an integrated intelligent pilot solution for driving and parking with JAC Motors using Chinese AI chips, intelligent cameras and millimeter-wave radars. Hong Jing Drive has completed multiple financings in the past year and plans to use the latest proceeds for product R&D, talent recruitment and capacity expansion. Founder and CEO Liu Feilong framed automated driving as a next-generation travel revolution and a national policy focus area in China.

Total raised

$16M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2022