NIO Capital has backed Haiwei Technology's latest funding round to enhance advancements in smart automotive solutions.

Target Information

Haiwei Technology, established in early 2012, specializes in the research and development of automotive electronic products. The company primarily focuses on automotive intelligent cockpit domain controllers, high-definition in-car display screens, and remote monitoring terminals for connected vehicles. With a workforce exceeding 230 employees, 55% of whom are dedicated to research and development, Haiwei Technology has positioned itself as a significant player in enhancing user experience through interactive technologies involving visual, auditory, and tactile elements.

The firm has achieved considerable recognition in the market, driven by its strong research and manufacturing capabilities. Haiwei Technology collaborates with renowned automotive manufacturers, including NIO, to advance the development of cutting-edge intelligent automotive solutions. A notable achievement is their participation in creating NIO's NOMI, the world's first mass-produced in-car artificial intelligence robot, which has been well-received by over 70% of NIO's users.

Industry Overview

The automotive industry in China is witnessing rapid transformation, particularly through the convergence of artificial intelligence and electric vehicle technology. With the increasing popularity of smart cars, consumer expectatio