Aptiv to invest 570 million yuan in MAXIEYE to strengthen ADAS capabilities in China

Gabriella From Gasgoo

On October 24, 2024, Aptiv, a global technology company focusing on safer, greener, and more connected mobility, announced that it has reached a final agreement to invest approximately 570 million yuan in MAXIEYE.

Main productsIntelligent Perception Radars: Forward-Facing Radars, Corner Radars, 4D Radars Cameras: Smart Cameras, Satellite Cameras, Forward-Looking Cameras, Surround-View Cameras Integrated Perception Sensors: Integrated Camera and Ultrashort-Range Radar Sensors Interior Sensing: Occupancy Classification Systems Perception Software: Sensor Fusion Software, AI/ML Perception Software Advanced Compute Zone Controllers Central Vehicle Controllers High-Performance Compute Platforms Advanced Driver-Assistance Systems ADAS Systems: Driver-Assistance Systems, Automated Driving Assistance Systems ADAS Software: Perception Software, Driving Decision & Control Software Automated Parking: Parking Distance Warning, Low-Speed Automatic Emergency Braking, Reverse Assist, Automated Park Assist, Remote Park Assist, Memory Park Assist, Smart Summon Digital Cockpit In-Vehicle Infotainment Systems Interior Sensing Systems Real-Time Vision Systems: Surround-View Monitoring, Electronic Mirrors Audio Systems Cockpit Controllers Software & Services Automotive Software Platforms: Middleware, Container Orchestration, Real-Time Scheduling, Analytics, Cybersecurity, OTA Updates, AI-Driven DevOps Tools ADAS Software Automotive Software Development & Validation Services Connection Systems Low-Voltage Connection Systems: Connectors, Terminals, Seals, Pin Headers High-Voltage Connection Systems: High-Voltage Interconnects, High-Voltage Inlets High-Speed Data Connectivity: High-Speed Data Connectors, High-Speed Data Terminals, Cable Assemblies, Headers Safety Restraint Connection Systems: Airbag Connectors Electrical Centers: Low-Voltage Electrical Centers, High-Voltage Electrical Centers, Power Distribution Units, Battery Disconnect Units
Main productsAluminum die castings and forgings

Beijing (Gasgoo)- On October 24, 2024, Aptiv, a global technology company focusing on safer, greener, and more connected mobility, announced that it has reached a final agreement to invest approximately 570 million yuan in Chinese intelligent driving technology company MAXIEYE. Following the investment, Aptiv will hold an 18% stake of MAXIEYE, making it the largest shareholder of the Chinese company.

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Photo credit: Aptiv

Founded in 2016, MAXIEYE is a provider of intelligent driving and smart mobility solutions in China, offering proprietary BEV (Bird’s Eye View) platform architecture and intelligent data systems. The company provides cross-platform ADAS (Advanced Driver Assistance Systems) and ADS (Autonomous Driving Systems) solutions for various driving scenarios and conditions. MAXIEYE currently employs over 300 staff members, with more than 70% focused on research and development.

The partnership will allow MAXIEYE to serve as Aptiv’s key vision perception software partner in China, supporting the development of flexible, cost-effective, and modular smart driving solutions. This collaboration aims to enhance Aptiv’s presence and innovation in the rapidly growing Chinese ADAS market.

Dr. Yang Xiaoming, President of Aptiv China and Asia Pacific, emphasized the strategic significance of the investment: “With the accelerating trend of intelligent driving in China, the deployment volume of ADAS in new vehicles is increasing, and technologies such as L2+ autonomous driving, AI, and end-to-end smart driving are advancing rapidly. Aptiv has deep expertise in ADAS engineering and has gained significant mass-production experience in the Chinese market. By investing in MAXIEYE, we aim to tailor solutions specifically for China, helping to drive the widespread adoption of intelligent driving in the country.”

AptivSupplierCompany Insights
Location: Ireland/Leinster/Dublin City
Main productsIntelligent Perception Radars: Forward-Facing Radars, Corner Radars, 4D Radars Cameras: Smart Cameras, Satellite Cameras, Forward-Looking Cameras, Surround-View Cameras Integrated Perception Sensors: Integrated Camera and Ultrashort-Range Radar Sensors Interior Sensing: Occupancy Classification Systems Perception Software: Sensor Fusion Software, AI/ML Perception Software Advanced Compute Zone Controllers Central Vehicle Controllers High-Performance Compute Platforms Advanced Driver-Assistance Systems ADAS Systems: Driver-Assistance Systems, Automated Driving Assistance Systems ADAS Software: Perception Software, Driving Decision & Control Software Automated Parking: Parking Distance Warning, Low-Speed Automatic Emergency Braking, Reverse Assist, Automated Park Assist, Remote Park Assist, Memory Park Assist, Smart Summon Digital Cockpit In-Vehicle Infotainment Systems Interior Sensing Systems Real-Time Vision Systems: Surround-View Monitoring, Electronic Mirrors Audio Systems Cockpit Controllers Software & Services Automotive Software Platforms: Middleware, Container Orchestration, Real-Time Scheduling, Analytics, Cybersecurity, OTA Updates, AI-Driven DevOps Tools ADAS Software Automotive Software Development & Validation Services Connection Systems Low-Voltage Connection Systems: Connectors, Terminals, Seals, Pin Headers High-Voltage Connection Systems: High-Voltage Interconnects, High-Voltage Inlets High-Speed Data Connectivity: High-Speed Data Connectors, High-Speed Data Terminals, Cable Assemblies, Headers Safety Restraint Connection Systems: Airbag Connectors Electrical Centers: Low-Voltage Electrical Centers, High-Voltage Electrical Centers, Power Distribution Units, Battery Disconnect Units
GlobalSupplier
Location: Philippines/Metro Manila
Main productsAluminum die castings and forgings

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