On October 24, Horizon, backed by GAC Group, listed on the HKEX, achieving a first-day valuation of over HK$50 billion. GAC focuses on building an L4 autonomous travel ecosystem, partnering with tech firms like Horizon and WeRide, and expanding platforms like Ruqi Travel. GAC aims to advance its AI chip and autonomous driving technology while establishing smart mobility hubs in the Greater Bay Area by 2027.
Source: Here
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