Kaixin Auto Holdings, China's leading new energy vehicle manufacturing and sales platform, announced that it has reached a strategic partnership agreement with DeepBlue Artificial Intelligence Technology Company. The two companies have agreed to establish a joint venture that will utilize DeepBlue AI Technology's AI self-driving technology in Kaixin's mass-produced EV models, develop a new generation of AI self-piloted EVs, and realize market-oriented operations.
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DeepBlue AI Technology was founded in 2014 by a group of senior engineers who earned their PhDs abroad and is committed to basic research and applications of artificial intelligence. DeepBlue Academy of Sciences is comprised of multiple scientific research institutes such as the Artificial Intelligence Laboratory, the Smart Carr Laboratory, the Automation Laboratory, and the Scientific Computing Laboratory. These institutions have won over 50 world championships and 120 top 3 awards in computer science and artificial intelligence related competitions. DeepBlue AI technology is expanding into various industries and fields, including intelligent driving, smart vehicles, intelligent robots, industrial intelligence, smart cities, and silicon-based knowledge large models. The company was recognized as a national-level specialized emerging baby giant enterprise, was selected as one of the “Global Artificial Intelligence Unicorn 500 Companies” for two consecutive years, and was selected as one of the “Hurun Global Unicorn 500 Companies” in 2023.
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DeepBlue AI Technology is equipped with L4 autonomous driving technology and smart car advanced design features, and has successfully launched several smart car products. The company has self-driving test licenses issued by multiple cities and jointly with Baidu has obtained the first batch of self-driving commercial licenses in China. DeepBlue's self-driving Panda Bus was first awarded in a government bulk procurement project in Tianjin in 2019, and has been road tested and demonstrated in more than 10 cities, including Shanghai, Shenzhen, and Wuhan. Since then, DeepBlue AI Technology has launched self-driving sanitary vehicles, logistics vehicles, and many other products. The company's world-leading AI technology capabilities make it a leader in redefining cars with AI.
Lin Mingjun, Chairman and CEO of Kaixin, said: “AI vehicles are the trend of the future. Kaixin's transformation into new energy vehicle business includes not only hardware upgrades but also software improvements. DeepBlue AI Technology owns the world's leading autonomous driving technology. This will greatly boost Kaixin's AI vehicle development efforts and ultimately play a role in creating intelligent, safe, and efficient auto travel products and services.”
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