Youjia Innovations Pivots to Intelligent Driving, Plans to Divest Vehicle-Road Collaboration Subsidiary for RMB 183,600
2 day ago / Read about 0 minute
Author:小编   

On June 13, Youjia Innovations announced the conclusion of an agreement with the target company and the buyer, selling 51% of the target company's equity for RMB 183,600. While acknowledging the long-term potential of vehicle-road collaboration in the realm of intelligent transportation, Youjia Innovations emphasized that widespread application of this technology still confronts hurdles such as communication latency and multi-agent coordination. This strategic move aims to realign resources towards advancing intelligent driving, smart cockpits, and L4 scenario exploration, rather than ceasing R&D efforts in vehicle-road collaboration technology.