"Involved market competition and fierce competition for sales share have brought unprecedented profit pressure to automobile manufacturers and parts suppliers. As the automobile industry enters the "new era of intelligence," the industry is facing earth-shaking changes Change and reshaping. Technology upgrading, reshuffling of the industry structure, disruptive innovation of business models and rapid response efficiency requirements have become the core driving forces for industry development. Under the general trend of software-dominated automotive functions, companies have deepened. To the heart of this transformation.”

 

On the evening of April 29, NavInfo released its full-year financial report for 2023. The financial report shows that the company’s total operating income last year was 3.122 billion yuan. The operating income of the fully developed smart driving business was 376 million yuan, a year-on-year increase of 187.28%; the operating income of the smart chip business, which was in short supply, was 510 million yuan, a year-on-year increase of 1.52%; the operating income of the smart cabin business was 462 million yuan, a year-on-year decrease of 25.29%; Zhiyun Business operating income was 1.748 billion yuan, a year-on-year decrease of 15.14%.
The high-end smart driving revolution for models in the main price range
With the continuous advancement of smart driving technology, the delivery volume of NavInfo smart driving software and hardware products has increased significantly compared with the previous year. The successfully developed cost-effective intelligent driving, parking and integrated domain controller has significantly enhanced NavInfo's competitiveness in the field of intelligent driving algorithms.
 

Through strategic cooperation with top chip manufacturers such as Horizon and Renesas, smart driving solutions based on Horizon J2/J3 chips have quickly achieved mass production. In particular, the 5V5R solution based on the J3 chip has received mass production orders from leading domestic new energy vehicle brands.

 

In October 2023, NavInfo released a lightweight version of the high-speed pilot assistance system NOP Lite at the user conference. This platform is specially designed for models with RMB 100,000 to RMB 200,000. It not only covers intelligent parking assistance in all scenarios, but can also be upgraded to highway piloting function to realize advanced functions such as automatic lane changing and intelligent speed regulation. Based on the small computing power platform and 5V5R sensor architecture, it cleverly integrates map data and realizes the assembly of high-end intelligent driving functions in affordable models at low cost, bringing cost-leading intelligent driving solutions to car companies.

 

At present, NavInfo is still continuing to accelerate the pace of intelligentization. At the Beijing Auto Show on April 25, NavInfo released the NI in Car intelligent integrated automotive solution. The first-to-market version continues the product proposition of "extreme cost-effectiveness", targeting models priced at RMB 100,000 to RMB 200,000. It uses low computing power to unlock the high experience of integrated cabin, travel and parking, breaks the barriers between smart driving and smart cabins, renews in-car navigation, and breaks the data channel, It helps car companies build intelligent driving data closed-loop systems with self-iteration capabilities, including many advantages. Accelerate the strategic goal of "full-stack controllability" for customers in the automotive industry, thus creating a benign ecosystem of integrated development and continuous advancement.

 

 

Smart cockpit chips lead the way, and the localization process is accelerating again
During the reporting period, NavInfo's smart chip business reached a major milestone, with chip shipments exceeding 300 million units, demonstrating widespread recognition from global car companies and Tier 1. In terms of SoC products, global shipments have exceeded 80 million units, and we have established solid cooperation with top car companies and Tier 1, covering mainstream domestic car companies in depth. In March 2023, the shipment volume of smart cockpit chip AC8015 exceeded one million; in June of the same year, a new generation of smart cockpit chip AC8025 was successfully lit, integrating multiple functions, becoming the leader in domestic mid-to-high-end smart cockpit domain control chips, and has It has won the favor of internationally renowned electronic manufacturers.
In terms of MCU chips, sales will reach a new high in 2023, with cumulative sales exceeding 50 million units, fully covering domestic car companies. During the reporting period, NavInfo completed a comprehensive layout of early, mid-level and high-end MCU product lines. Among them, the mid-level AC7840x and high-end AC7870x respectively meet the ISO 26262 ASIL-B and ASIL-D level requirements, further broadening the functional safety field. Applications.

In order to strengthen supply chain security, NavInfo has actively promoted localization in packaging, wafer, IP and other aspects, and successfully achieved mass production of automotive-grade MCU chip AC7802x.

Using data innovation as the engine to promote the evolution of high-precision map business
Relying on a solid data foundation, self-developed tool chains and deep insights into policies and product applications, NavInfo provides a full range of "data + service + tool chain + compliance" solutions for smart cockpits and smart driving to help customers Create an end-to-cloud data cycle and deeply explore user travel needs to optimize the travel experience.
With the commercial implementation of L3 smart driving, NavInfo launched the lightweight high-precision map HD Lite solution in October 2023 to meet the industry's demand for high freshness, wide coverage, and low cost. In June of the same year, NavInfo became the first company to obtain the national urban public road advanced assisted driving map approval number. In addition, the national high-precision map standard developed by NavInfo was also approved, providing specifications for industry technical standards.

In terms of data compliance, NavInfo follows laws and regulations and provides full-process services from data collection to compliance supervision. Currently, NavInfo's solutions have been recognized by dozens of leading car companies at home and abroad.
During the reporting period, NavInfo relied on its excellent technical strength and innovation capabilities to join the cooperative supplier ecological chain of well-known technology companies such as Huawei and Xiaomi. NavInfo provides comprehensive geographic information technology support for Petal Map, injecting new vitality into the rise of new ecology in the entire field of smart travel.

Facing the new opportunities of digital transformation, intelligent upgrading and the integrated development of "car-road-cloud-map", NavInfo relies on its deep accumulation in the automotive field, rich experience in serving diverse customers, and the industry-leading industry it has built together with many partners. Ecology and continuous R&D innovation have firmly occupied a place in the trend of automobile intelligence, and have gradually built strong vertical integration capabilities to achieve collaborative progress and gather external development forces.

At dawn, embrace full-stack controllability and ecological win-win
It is worth noting that the cooperative relationship between car companies, suppliers, and technology providers is undergoing profound changes. The past "full-stack self-research" model has gradually been replaced by the new industrial division of labor of "full-stack controllable" plus ecological cooperation. This transformation not only reflects the inevitable trend of industry development, but also demonstrates the wisdom of car companies in balancing the pursuit of technological innovation and market competitiveness. In this new industrial ecosystem, every participant will find their own place in cooperation and win-win, and jointly promote the continued progress and development of the automotive industry. After a year of hard work, NavInfo has gained a deeper understanding of the “automotive intelligence” strategy. NavInfo will continue to focus on this core track and establish itself in the market with excellent cost performance. In 2024, NavInfo will continue to optimize its core business, implement strategies to reduce costs and increase efficiency, accurately control R&D investment, strengthen supply chain management, optimize human resources, further improve resource utilization efficiency, and pursue new heights of profitability. At the same time, we will closely follow customer needs, use customer feedback as a guide, continue to improve products and services, and open a new chapter in automotive intelligence.

Source: Siwei Tuxin

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