Zero-running cars: There are no plans to divest intelligent teams

On August 27, Zero-running Automobile issued a statement saying that there were no plans to divest the intelligent team.

Photo source: Zero Running Automobile.

Previously, it was reported that Zero Running Automobile plans to complete the divestiture of its intelligent team before the end of this year, involving core departments such as smart driving and smart cockpit.

The new team will form an independent company to serve the main business of Zero-Run Automobile Company and also sell software and hardware solutions to the outside world.

In this regard, Zero-Run Automobile stated that it has no plans to divest its intelligent team.

In order to increase its research and development capabilities and efficiency in the field of intelligence, this year it has integrated and upgraded relevant departments into the “Intelligent Technology Research Institute” and continues to increase Investment in talents and funds in this field to create Zero-Run’s long-term competitiveness in smart driving and smart cockpit.

Finally, Zero-Run Automobile said that it will continue to adhere to the comprehensive self-research of core technologies and through technological innovation to create products with higher configuration, better quality, and good but not expensive, bringing more happiness to users ‘travel and life.

, According to the financial report for the first half of 2024 released by Zero-Run Automobile, Zero-Run Automobile achieved a total revenue of 8.

85 billion yuan in the first half of the year, a year-on-year increase of 52.2%. The gross profit margin was 1.

1%, a significant improvement year-on-year, with the gross profit margin improving to 2.

8% in the second quarter.

Zero-running Automobile said that based on the improvement in the company’s profit margins during the reporting period, the loss did not narrow significantly.

The main reason was that the company increased its R & D investment in the first half of the year, especially in the second quarter, including the development of new models in the future and increased investment in intelligent driving technology development.

The zero-running company said it will further launch competitive models in the market in the next two years.

The company has launched and is implementing the development of “end-to-end model” smart driving technology and applications, and plans to launch related applications in 2024 and 2025.

Research and development expenses in the first half of 2024 were RMB 1.

221 billion, an increase of 48.

4% over the same period in 2023.

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Link to this article: https://evcnd.com/zero-running-cars-there-are-no-plans-to-divest-intelligent-teams/

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