On February 28, the construction permit for the production base of Shanghai Chucuo Intelligent Technology Co., Ltd., based on 77 gigahertz millimeter wave radar, was approved for the construction of the 77 gigahertz millimeter wave radar in Anting Town, Jiading District, and construction will begin soon. In the future, its sales and R&D headquarters will also be located in Anting Town.
Renderings
The project is located in Plot 13-02 of Anting Town, east to Kerui Road, south to Shapuhe, west to Jiasong North Road, and north to Xiechun Road. The project covers an area of about 13 acres, with a proposed construction area of 17,316 square meters, an estimated total investment of 250 million yuan, and a construction period of 12 months. It will be put into production within 6 months after completion and within 12 months, and the annual output value is expected to be 500 million yuan after reaching production.
It is reported that Shanghai Chucuo Intelligent Technology Co., Ltd. is a wholly-owned subsidiary of Chuhang Technology. The latest 77 GHz millimeter wave radar developed by Chuhang Technology is at the leading level in China, and will be mass-produced on a variety of domestic passenger and commercial vehicle platforms, realizing the functions of advanced driver assistance systems such as BSD, FCW, ACC, and AEB. In addition, the project is deeply bound with important strategic partners such as Shanghai Jiao Tong University, Nanjing University of Aeronautics and Astronautics, Southeast University and Tongji University, and has reached strategic cooperation with leading enterprises in the industry such as Baolong Technology, Juefei Technology, and Jimu Intelligence to jointly achieve multi-sensor integration and make important technical inputs for the early realization of L4 and L5 level autonomous driving in the mainland. After the completion of the project, 70 high-end talents will be introduced, and about 100 new employees will be added, of which about 90% will be employed at the undergraduate level or above.
At present, Chuhang Technology has obtained more than 30 main model front-loading fixed-point projects from 14 OEMs such as Dongfeng Passenger Vehicle, Great Wall Motor, BAIC New Energy, SAIC Hongyan and so on, realizing double mass production in the field of passenger cars and commercial vehicles. Among them, SAIC Hongyan Commercial Vehicle Angle Radar Front-loading Fixed Point Project is the first trunk logistics intelligent heavy truck fixed-point project in China, marking that Chuhang Technology has taken the lead in realizing the commercialization of domestic commercial vehicle automatic driving.
Correspondent: Hu Xindong
Editor: Zhuo Mingxia