On August 27, automotive intelligent solution provider NavInfo released its financial results for the first half of 2024 (H1 2024), showing solid growth across all business segments.
Main productsIntelligent Driving Intelligent Driving L2 Product: L2 Box L2+ Intelligent Driving Products: Low-computing-power domain controllers for integrated driving and parking; high-computing-power domain controllers for integrated driving and parking Integrated dual-domain products: cockpit-parking integration products and cockpit-driving-parking integration products. Intelligent Cockpit Dash Cam: 2G Travel Recorder, 4G Travel Recorder, 4G Video Terminal ADAS Series: ADAS+DMS Smart Vehicle Terminal: Truck Navigation, Segmented Speed Limit Function, Surveillance Camera T-BOX Series: 4G T-BOX, China VI T-BOX Compliant with Fuel/New Energy Vehicle Requirements PCC Predictive Cruise Intelligent Terminal: ADASIS Map, Intelligent Load Algorithm, Dynamic Planning Algorithm Load Sensor: Load Algorithm Vehicle Networking and Big Data Platform Commercial Vehicle Map Service: Intelligent Horizon, Geofencing, Segmented Speed Limit Road Network Map APP Operation Service Intelligent Cloud Map Products, Human-Machine Co-Driving Navigation Products, Data Compliance Closed-Loop Service, Dynamic Traffic Service, High-Precision Positioning Intelligent Chips Automotive AP：E-cockpit SoC, IVI SoC, SoC for DA and High-end LCD Instrument, Telematics SoC MCU
Main productsNew Energy Vehicles Module Products: DC Fast Charging Modules, Energy Storage and Charging Modules, On-board Power Modules Monitoring Products: Charging Control Modules, Charging Cloud Platform System Products: Standard DC EV Chargers, Split-type Charging Systems, Fully Liquid-cooled Supercharging Systems, AC EV Chargers, V2G EV Chargers
Beijing (Gasgoo)- On August 27, automotive intelligent solution provider NavInfo released its financial results for the first half of 2024 (H1 2024), showing solid growth across all business segments. The company reported total revenue of 1.667 billion yuan in the period, marking an 11.08% year-on-year increase.
Photo credit: NavInfo
NavInfo's intelligent driving business segment demonstrated exceptional performance, generating 124 million yuan in semi-annual revenue with a gross profit margin up by 20.77% compared to the same period last year. The intelligent cockpit segment earned 265 million yuan in revenue during the first half of this year, reflecting a 9.37% year-on-year rise, with its gross profit margin improving by 6.43%. NavInfo successfully delivered smart cockpit products to major automakers including Toyota, SAIC-GM-Wuling, and South Korea’s KG Mobility.
Meanwhile, NavInfo’s smart semiconductor business saw its H1 revenue jump 13.55% from a year ago to 253 million yuan. Additionally, the company’s cloud-based services segment posted revenue of 1.017 billion yuan in the reporting period, up 15.82% year-on-year.
All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: autonews@gasgoo.com
