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Corechain (Shanghai) Technology Co., Ltd. has recently been incorporated, with Marcus Andreas Hafkemeyer at its helm as the legal representative and a substantial registered capital of 400 million yuan. The company's diverse portfolio encompasses the development of artificial intelligence applications and theoretical algorithm software, the manufacturing of intelligent in-vehicle devices, as well as the design and services related to integrated circuit chips. As a wholly-owned subsidiary of Corechain (Beijing) Technology Co., Ltd., it serves as a pivotal supplier of intelligent driving systems for Volkswagen in China.
Notably, Corechain is a joint venture funded by Volkswagen's software arm, CARIAD, and Horizon Robotics, reflecting a strategic collaboration in the field of advanced automotive technology.
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