Intelligent Driving Continent's neueHCT has just declared the successful closure of a funding round, raising close to US$200 million. This round of financing saw collaborative investments from both industrial capital and market-driven funds, with notable participants including Yunfeng Capital, Fortune Capital, Guochen Venture Capital, Chaos Investment, Bihong Investment, and the Ningbo Trade Development Fund (also known as Yongning Gaoxin Fund). Additionally, strategic shareholders OmniVision Group (previously the automotive arm of Continental AG) and Horizon Robotics further bolstered their stakes.

neueHCT has crafted a comprehensive product lineup, featuring the 'HCT Astra Urban Intelligent Assisted Driving' system alongside the 'HCT Luna High-Performance ADAS Solution.' By 2025, the company aims to forge fixed-point (designated) collaborations with more than 10 automotive models and is set to embark on product validation and deployment across multiple nations and regions.