Core Viewpoint - ZF Group and Horizon have announced a collaboration to develop an SAE Level 3 intelligent driving system for the Chinese market, expected to be mass-produced by 2026 [1][2]. Group 1: Collaboration Details - ZF will provide its ProAI platform and system-level architecture design, focusing on hardware platform, vehicle integration, and safety validation, while Horizon will supply the Journey 6P chip with a computing power exceeding 1,000 TOPS and a complete software algorithm stack [1]. - The collaboration aims to integrate traditional chassis control advantages with intelligent decision-making, creating a closed-loop architecture that enhances the execution consistency and safety redundancy of the intelligent driving system [1]. Group 2: Performance and Market Position - The Journey 6P chip has been validated against international Tier-1 integration standards, indicating its capabilities in computing power, power management, and toolchain maturity [2]. - Horizon is transitioning from a chip supplier to a system solution provider, which is expected to enhance its average selling price (ASP) and profitability as the high-end product line's share increases [2]. Group 3: Market Expansion and Revenue Projections - With ZF's global network, Horizon is positioned to expand its overseas customer base, potentially accelerating its transition from domestic validation to global mass production [2]. - The company anticipates that overseas revenue will account for approximately 10% by 2027, with projected revenues of 34.77 billion, 59.07 billion, and 88.90 billion RMB for 2025-2027, reflecting year-on-year growth rates of 67.5%, 61.8%, and 57.9% respectively [3].