Recently, China Entrepreneur magazine released the companies listed as the 2024 Rising Stars. Five companies from Beijing's Ecological-Technological Development Area (Beijing E-Town) made it onto the list: Huayi Quantum, Carsmart, Huixi Auto, PhiGent Robotics and Senior Intelligent Driving.

Among the recognized enterprises, companies in the field of intelligent driving have shown outstanding performance, accounting for more than 40 percent of the total number of intelligent driving companies listed in the 2024 Rising Star.

The 2024 Rising Star selection by China Entrepreneur aims to find tomorrow's leaders who will advance industry development, a tradition that has now spanned 24 years. Its goal is to identify the most promising "seed" companies with the potential for significant growth. Objective data such as company valuation, funding rounds and revenue are the main criteria for evaluation.

"We are committed to providing the industry with leading integrated solutions and innovative products for vehicle-road-cloud integration. This selection is a recognition and affirmation of our company," said a representative from Carsmart. Since its establishment in 2020, Carsmart has supported the construction and small-scale deployment of a demonstration area for vehicle-road-cloud integration, and has established a 160-square-kilometer urban-level engineering test platform and created the first domestically produced intelligent connected intersection.

Meanwhile, Huixi Auto has focused on creating innovative in-vehicle intelligent computing platforms, providing advanced intelligent driving chips, user-friendly open tools and comprehensive autonomous driving solutions to help achieve advanced intelligent travel.

PhiGent Robotics has served as the "eyes" and "brain" of intelligent driving and autonomous driving research and development, innovating in the paradigms of visual sensors and AI algorithms to create holistic intelligent vehicle solutions.

Senior Intelligent Driving has been dedicated to the research and implementation of unmanned driving technology in the field of scene logistics. The globally renowned consulting firm Frost & Sullivan has awarded the company the "Autonomous Vehicle Market Share Leader in Global Ports" certificate.

In recent years, Beijing E-Town has gathered more than 120 intelligent connected vehicle enterprises, initially forming an innovative ecosystem for the intelligent connected vehicle industry dominated by innovative enterprises.