MINIEYE (02431) cockpit products received another appointment from a top independent brand, and its technology and mass production capabilities were recognized.
It is reported that the designated iPilot 4 Plus domain controller product is based on the Horizon Journey 6M chip, with hardware using a water-cooled solution, computing power reaching 128 TOPS, and can fully cover navigation assistance, memory driving, memory parking and other all-scene assisted driving functions, bringing users a more intelligent, safe, and efficient driving experience with high cost performance.
On February 9th, MINIEYE (02431) officially announced that the company has once again been designated by a leading independent brand to provide the iPilot 4 Plus auxiliary driving domain controller, as well as the intelligent cockpit DMS (Driver Monitoring System) and OMS (Passenger Monitoring System) products. The solution will be installed in several key models of this brand for domestic and international versions, with production scheduled to start in the second half of the year.
It is reported that the iPilot 4 Plus domain controller product is based on the Horizon Journey 6M chip, with hardware using a water cooling solution and computing power reaching 128TOPS. It can fully cover navigation assistance, memory driving, memory parking, and other all-scenario auxiliary driving functions, bringing users a more intelligent, safe, and efficient driving experience with high cost-performance ratio.
MINIEYE has previously reached a long-term deep cooperation with this leading independent brand, and has implemented project appointments on this model since 2023. The related intelligent driving solutions will gradually enter production on the vehicle starting in 2024. This partnership will deepen and expand with the addition of the appointment of intelligent cockpit products. MINIEYE will continue to provide industry-leading solutions for new models with a more complete cockpit product matrix to upgrade the user driving experience continuously.
It is worth mentioning that the appointed products will also be installed on the overseas version of the vehicle. MINIEYE is not only one of the first DMS suppliers to help Chinese vehicle manufacturers obtain EU General Safety Regulation DDAW and ADDW certifications, but also the first intelligent cockpit solution provider to help Chinese models achieve a 5-star safety rating in E-NCAP. With regulatory compliance and certification advantages, the company can transform compliance barriers into core access advantages, providing customers with a one-stop, highly reliable global compliance solution to help customers efficiently expand into overseas markets.
As of now, MINIEYE has accumulated production for 42 vehicle manufacturers, forming an efficient technical research and development system and scale delivery experience. The company will continue to focus on technological breakthroughs and implementation of medium-to-high-end products, deepen long-term cooperation with existing domestic vehicle manufacturers, international Tier 1 customers, and expand into international markets.
Recently, CITIC Lyon maintained an "Outperform" rating on MINIEYE in its latest research report. The report pointed out that with the company's leading advantage in passenger car pre-installation business and the international market, combined with industry policy favorability, MINIEYE's intelligent driving and intelligent cockpit business is expected to maintain steady growth momentum. This recent acquisition of appointments from leading car companies and accelerated overseas landings also fully verify the company's technical strength, delivery capabilities, and global layout obtaining recognition from the market and capital.
In the era where assisted driving is moving towards equality, as one of the few companies in the industry with mature engineering capabilities and abundant mass production experience in both intelligent driving and intelligent cockpit, MINIEYE will continue to iterate core technologies, embrace ecological collaboration, and provide more flexible, cost-effective solutions to empower the high-quality development of the global intelligent automotive industry.
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