Core Viewpoint - Youjia Innovation (02431.HK) has announced a strategic partnership with Proton Motors to empower a greener and smarter new energy commercial vehicle industry [1][2]. Group 1: Strategic Cooperation - The cooperation aims to reshape the operational model and value chain of new energy commercial vehicles by sharing resources in industrial clusters, technological innovation, and product solutions [1][2]. - The collaboration includes the development of commercial vehicle advanced driver assistance systems (AEB products, high-level assistance driving products), autonomous driving product research (unmanned freight scenarios), and the construction of a data closed-loop system [1][2]. - The partnership covers the development and iteration of L1-L4 autonomous driving technologies, as well as the data platform support required for the "intelligent" and "connected" aspects of new energy commercial vehicles [1][2]. Group 2: Industry Context - Traditional commercial vehicles have long been criticized for high energy consumption, low comfort, and weak safety, while facing challenges such as labor shortages [1][2]. - According to the China Association of Automobile Manufacturers, the domestic sales of new energy commercial vehicles are expected to reach 532,000 units in 2024, representing a year-on-year growth of 28.9% and accounting for 17.9% of total commercial vehicle sales [2]. - The strategic cooperation between Youjia Innovation and Proton Motors aligns with the increasing regulatory standards for the commercial vehicle industry, indicating a clear future for greener and smarter commercial vehicles [2]. Group 3: Company Background - Youjia Innovation, established in 2014, is a leading provider of intelligent driving and smart cockpit solutions in China, having formed production cooperation with 35 automakers by the end of 2024 [3]. - Proton Motors, founded in April 2022, has received accolades such as potential unicorn status and has proprietary technologies in hydrogen fuel cell systems, electronic architecture, solid-state chassis, intelligent driving, and new materials [3]. - Proton Motors is set to deliver 300 hydrogen-powered heavy trucks by November 2024, marking the largest order for operational hydrogen heavy trucks in China [3].
佑驾创新：与质子汽车达成战略合作，促进智能驾驶规模化落地