FAILDEX失樂園
中文

Haomo.AI

The business, the turning points, and the decisions behind them.

Founded2019
Event year2025
FundingUS$400M
ValuationUS$1B

01 / WHAT IT BUILT

What the company did

Haomo.AI was an autonomous driving startup spun off from Great Wall Motor's in-house intelligent-driving unit in November 2019. Backed by Great Wall as its principal investor and customer, it developed the HPilot driver-assist and autonomous-driving system, which was installed in more than 20 GWM-brand models across the WEY, Tank and Haval lineups, and also supplied systems to Beijing Hyundai, Toyota and BMW.

02 / Haomo.AI FAILURE REASONS

Failure reasons

Haomo.AI collapsed when its parent customer abandoned it. Its urban NOA program slipped repeatedly, and in late 2023 the WEY Blue Mountain replaced it with a rival solution from DeepRoute.ai. GWM halted Haomo's planned Hong Kong IPO in late 2024, invested $100 million in DeepRoute.ai, and shifted advanced driving programs to Momenta. With its core OEM partnership gone, the company suspended all operations on November 24, 2025 with frozen accounts and months of unpaid salaries.

03 / EVENT HISTORY

Events in the structured record

  1. Operations ended

    + Yicai Global 25 Nov 2025 + 36Kr EN: internal notice 22 Nov put all staff on suspension/leave from 24 Nov with no resume date; accounts reportedly frozen; salaries delayed. GWM-backed AV unit operational halt (parent unit shut).

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

Material for this section is being gathered and checked. It will appear here once ready.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN

How the factors connect

  1. 01

    2019 spin-off from Great Wall's in-house driving unit

  2. 02

    HPilot system in 20+ GWM models; $400M raised

  3. 03

    Urban NOA delays; WEY model switched to DeepRoute.ai

  4. 04

    GWM moved programs to Momenta, halted HK IPO, backed rivals; all operations suspended Nov 24, 2025