HK Stock Market Move | IMOTIONAUTOTECH(01274) rose more than 8%. 8TOPS mass-produced BEV has high cost performance for parking. The intelligent driving industry has enormous potential.
25/02/2025
GMT Eight
IMOTIONAUTOTECH (01274) rose by more than 8%, at the time of publication, it rose by 8.41% to 23.85 Hong Kong dollars with a turnover of 2.14 billion Hong Kong dollars.
In terms of news, recently, the iDC 300 domain controller integrated with parking technology from ZhiXing Technology has been put into production in a leading domestic new energy vehicle model, and is about to launch its first OTA update after the model is released. The iDC 300, based on an 8TOPS computing platform, achieves advanced parking functions such as Automatic Parking Assistance (APA) and Home Parking Assistance (HPA), and also expands to provide high-speed navigation functions through the deployment of Horizon Dual Envision 3. This is the first solution in the industry to successfully deploy and mass produce a BEV perception model on a low computing power 8TOPS platform, marking another milestone in ZhiXing Technology's full-stack R&D capabilities.
Furthermore, after the intensive release of new smart driving trends by major domestic car companies in 2025, Tesla, which has been actively promoting "FSD entering China", announced today the launch of City Road Autopilot automatic assistance driving (optimizing the existing NOA automatic navigation driving function). CICC pointed out that 2025 is expected to be a big year for the quality development of smart driving from quantity. Northeast previously stated that the smart driving industry has huge potential, and as the leader in the autonomous driving field, the company is expected to fully enjoy the benefits of industry development, with further increased revenue and profitability.