Hyperview establishes headquarters in Quzhou city

Shanghai (Gasgoo)- Chinese autonomous driving solution provider Hyperview (as known as Hongjing Drive) recently established its headquarters in Quzhou city, Zhejiang province, according to a post on the company's WeChat account.

Photo credit:  Hyperview

As per the company's roadmap, Hyperview plans to leverage this new base to accelerate global business development, advance technology commercialization, and deepen its focus on intelligent driving solutions for commercial and passenger vehicles. Additionally, the company also aims to develop high-level intelligent hydrogen-powered heavy-duty trucks.

Hyperview said it boasts comprehensive R&D capabilities in full-stack perception software, advanced driving, memory parking software, and automotive-grade autonomous driving computing platforms, with product lines covering all levels of autonomous driving from L1 to L4. By September this year, Hyperview had achieved mass production and deployment across 30 vehicle models from such automakers as SAIC Motor, Great Wall Motor, Chery, JAC Group, BYD, and HOZON Auto.

In September this year, Hyperview announced the completion of its C1 financing round, raising hundreds of millions of yuan. Since its establishment in 2018, the company has raised funds across eight disclosed rounds, according to Chinese company information search platform Tianyancha.

With the latest round of funding, Hyperview intends to intensify R&D of cutting-edge technologies such as BEV (battery electric vehicle) perception algorithms and integrated cabin-pilot-parking systems, as well as develop the next-generation ADAS (advanced driver assistance systems) solutions to enhance product competitiveness and accelerate commercialization.

Notably, Hyperview is actively working on a "second growth curve" and has launched the next-generation new energy intelligent heavy-duty trucks named "HyperTruck." The company has already partnered with heavy-duty truck manufacturers to produce and deliver these trucks for global markets.

With the recent financing, Hyperview seeks to accelerate its strategic expansion into key global markets for new energy intelligent heavy-duty trucks, including partnerships with Saudi Aramco in the Middle East and Europe. This collaboration aims to promote the industrialization and widespread adoption of intelligent driving technologies.

According to Dr. Liu Feilong, Founder and CEO of Hyperview, the company plans to carry out projects with Saudi Aramco in the Middle East, while also launching new initiatives in China.