The brief

Analyst view

• Hellobike survived bike-share consolidation by targeting second and third-tier cities.
• June 2025 JV with Ant Group and CATL for L4 autonomy; 3B+ RMB from founders.
• HR1 operates in Liyang (Sept 2025); Zhuzhou service suspended after collision.

Technical approach

As reported

Sensors

360-degree multi-sensor fusion

Eight lidars, 14 cameras, four long-range radars and 12 ultrasonic sensors cover all directions.

Computing

Redundant safety architecture

Dual automotive controllers (2,200+ TOPS combined) with backup inertial nav and power supplies.

Autonomy

End-to-end deep learning

Diffusion model maps sensors directly to steering/throttle/brake, improving speed and consistency.

Cockpit

Multimodal AI agent

Voice/text/gesture interface acts as manual, navigator and travel assistant inside the cab.

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