Group 1 - Horizon has launched the "Horizon Journey 10 Million Production Witness Ceremony" at the Chengdu International Auto Show, aiming to achieve over 10 million units of the Journey family chips by August 2025 [1] - The company has established partnerships with over 40 global automotive manufacturers, including China's top ten car companies, enabling over 400 vehicle models and serving more than 6 million users [3] - The Journey 6 series, set to begin mass production in 2025, is developed on the new BPU Nash architecture, covering a computing power range of 10-560 TOPS, catering to L2 to full-scene urban driving assistance needs [3] Group 2 - The high-performance flagship Journey 6P has a computing power of 560 TOPS, and the HSD urban driving assistance system is based on a one-stage end-to-end architecture with reinforcement learning capabilities [4] - The HSD system has already secured partnerships with over 10 vehicle models from various manufacturers, with the first collaboration model, the Starway ET5, set to be mass-produced in November 2025 [4] - The achievement of over 10 million units in production marks a new phase for China's intelligent driving industry, transitioning from the initial stage to large-scale commercialization and ecosystem collaboration [5]

Core Viewpoint - Horizon Robotics has successfully launched its new entry-level vehicle intelligent computing solution, Journey 6B, which marks a significant advancement in the ADAS market, emphasizing both performance enhancement and cost reduction [3][5]. Group 1: Product Development and Performance - The Journey 6B achieved a remarkable industry speed by powering on and producing output in just 23 minutes, setting a new benchmark for intelligent driving computing solutions [3]. - The AI computing power of Journey 6B is rated at 18 TOPS, benefiting from the BPU Nash architecture, which allows it to efficiently support mainstream algorithms and enhance computing performance by over two times [3][5]. - Compared to the previous generation, Journey 6B has improved system performance by over two times, reduced system costs by over 25%, and decreased power consumption by over 30%, while also reducing the size of the integrated solution by over 40% [5]. Group 2: Market Position and Collaborations - Horizon Robotics is expected to maintain a leading position in the integrated computing solution market, with a projected market share of over 30% in the Chinese market for passenger vehicle front-view integrated computing solutions in 2024 [5]. - Multiple collaborations based on Journey 6B are progressing steadily, including a new multifunctional camera platform being developed by Bosch, which is planned for mass production by mid-2026 [5]. - The Journey 6 series has achieved "full-stage access" within just 15 months of its release, indicating a significant advancement in the company's capabilities from research and development to mass production [7]. Group 3: Market Insights and Future Prospects - The Journey 6 series is designed to cater to various market segments, providing a comprehensive range of computing power from 18 TOPS to 560 TOPS, making it the first full-stage intelligent driving computing solution in the industry [7]. - The mid-tier intelligent driving market has seen Journey 6E/M gain over 20 partnerships with automakers, enabling more than 100 smart vehicle models [7]. - The high-performance flagship Journey 6P is positioned as the strongest computing solution for auxiliary driving, with plans for its deployment in the Chery "Falcon" model by 2025 [7].