Domestic automotive MCUs enter mass production in vehicles, Xintai Technology completes Series C+ financing | Exclusive from 36Kr

36Kr learned that Xintai Technology, a domestic automotive semiconductor company, recently completed its Series C+ financing round. State-owned capital Kunshan Guochuang and Mingquan Technology, the controlling shareholder of Jiangsu Chaoli Electric Appliance, jointly participated in this round of financing.

It is reported that the funds from this financing will mainly be used for the mass production of automotive-grade chip products and the construction of a fully domestic supply chain.

Founded in 2017, Xintai Technology is mainly engaged in the design and R & D of automotive-grade semiconductor chip products. It provides chip products such as safety MCUs and main control MCUs, and can build a complete software and hardware ecosystem for intelligent connected vehicles.

36Kr learned that on November 1st this year, the ASIL-D high-functional safety main control MCU chip TTA8 independently developed by Xintai Technology was installed in the GAC Aion Hyper GT - Climbing Edition. This model is the first domestic intelligent new energy vehicle with 100% domestically designed chips. On November 11th, Xintai Technology reached cooperation agreements with Shanghai Huizhong, SAIC Financial Holdings, SAIC R & D Center, Huayu Automotive Systems, and Lianchuang Automotive Electronics to jointly empower SAIC Group's "Grand Chassis Strategy".

Xintai Technology told 36Kr: "The intelligent chassis is the most critical carrier for vehicle control and execution, involving the coordination of key technologies such as steering, braking, and suspension. The main control MCU chip is the core element that determines the response, functional safety, and upper limit of the experience of the chassis system.

For a long time, this type of control chip has been dominated by overseas leading enterprises. The domestic MCU market that can meet the complex application scenarios of automotive chassis remains blank. This is where Xintai Technology can make great contributions."

Xintai Technology said that from a technical perspective, the main difficulties of MCUs lie in functional safety, front - and back - end reliability design, power consumption, ease of use, and microscopic performance beyond the functions themselves. On the other hand, closely collaborating and verifying with vehicle manufacturers and Tier 1 customers to ensure that customers can use the products well is also a core barrier.

"Xintai Technology started early in the R & D of automotive - grade chip products and has passed the mass - production verification of many leading Tier 1 and OEM customers. This is how it has achieved mass - production breakthroughs in the field of chassis main control chips and successfully installed them in vehicles."

It is understood that Xintai Technology began to layout high - functional safety MCU products in 2019 and obtained the ASIL - D functional safety product certification and the mass - production verification of Bosch Huayu steering assembly around 2023.

Xintai Technology elaborated on its strategic thinking in this way: "Under the current complex international situation, the self - controllability of automotive chips and the security of the supply chain have risen to the national strategic level. Therefore, what Xintai Technology is doing is difficult but correct. In the future, the company will continuously enrich the product categories of automotive chips, fully cover the core application scenario requirements of the chassis and the upper body of the vehicle, achieve mass production, and provide safe, reliable, and high - quality automotive - grade products."

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