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China’s EV race: Great Wall Motor-backed start-up Haomo unveils 3 new ‘low-cost’ L2 autonomous driving systems
- Haomo.AI claims they are cheaper and better than existing L2 self-driving systems fitted in intelligent vehicles in China
- The products are ‘sure to bolster use of driver-assistance systems in China,’ says EV market analyst
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Daniel Renin Shanghai
Haomo.AI, an autonomous driving technology start-up backed by Great Wall Motor, is to offer carmakers three new driver-assistance systems it claims are cheaper and better than existing ones in what could mark a step forward in China’s push to revolutionise mobility.
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The Beijing-based company said its new products will cost vehicle assemblers as little as 3,000 yuan (US$411) apiece, significantly less than many comparable self-driving systems in the market. They are capable of Level 2 (L2) autonomy which, according to SAE, a global standardisation body, provides assistance to the driver but requires active supervision.
On average, an L2 system costs at least US$2,000, according to Chen Jinzhu, CEO of consultancy Shanghai Mingliang Auto Service.
“We hope to provide our clients with low-cost [autonomous driving] solutions,” Haomo’s chairman, Zhang Kai, said on Wednesday at an event to launch the new “Hpilot” systems. “These three newly released second-generation Hpilot passenger car ADS (advanced driving assistance system) products are lower in price but higher in performance compared with previous ones.”
Most intelligent vehicles in China are classified as L2 or L2+, which stipulate that the driver must be alert and ready to take control at any time.
China has yet to approve L3 autonomous driving, which does not require hands on the steering wheel and allows drivers to safely take their attention off the road in certain traffic conditions.
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