JIMU Intelligent Listed in the 2020 Top 10 Commercial Vehicl

JIMU Intelligent Listed in the 2020 Top 10 Commercial Vehicle ADAS Suppliers in China


JIMU Intelligent Listed in the 2020 Top 10 Commercial Vehicle ADAS Suppliers in China
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WUHAN, China, March 17, 2021 /PRNewswire/ -- The
JT/T 1178 Safety Technical Regulations for Commercial Trucks issued by the Ministry of Transport of China requires trucks with a total mass of over 18000kg and a maximum speed of over 90km/h, and tractors to be equipped with a lane departure warning function and a forward collision warning function. This regulation was postponed due to the epidemic and has not been taken into effect until September 2020.
According to data from the Ministry of Transport of China and related tech media, starting from July 2020, commercial vehicle OEMs have begun to purchase ADAS devices in batches. From September 1, 2020 to the end of December, the number of insuranced new commercial tractors equipped with ADAS (FCW, LDW) features is 367,900, and this number is expected to exceed 1 million in 2021. In terms of suppliers (excluding non-regulatory vehicle models), more than 90% of the market share is concentrated in the top seven suppliers, in which JIMU Intelligent is listed, together with Hirain, Neusoft, Wabco, Knorr, etc.

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