HCAI Announces Strategic Plan of U.S. Expansion with Intelligent Parking Platform
Company targets Tier-1 U.S. markets including Los Angeles and New York
Jiaxing, China, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Huachen AI Parking Management Technology Holding Co., Ltd. (NASDAQ:HCAI) ("HCAI" or the "Company"), a China-based smart-parking and equipment-structural-parts provider in China, today announced a strategic initiative to expand its Smart Parking Platform into the United States, with an initial target on Tier-1 metropolitan markets including Los Angeles and New York.
The U.S. parking industry is a large market, yet a significant portion of parking infrastructure continues to rely on legacy, manual systems. In major metropolitan areas such as Los Angeles and New York, inefficient parking management contributes meaningfully to urban traffic congestion, as drivers frequently spend time searching for available parking.
HCAI believes this inefficiency presents a compelling opportunity for optimization through intelligent automation, advanced technologies, and data-driven analytics.
The Company's planned deployment is expected to focus on selected districts in priority U.S. markets. The planned deployment will include advanced hardware and integration with HCAI's proprietary platform, modernizing traditional parking facilities and supporting more efficient urban mobility infrastructure.
Following validation of its platform in initial U.S. markets, HCAI intends to evaluate expansion into additional metropolitan areas and adjacent smart-city applications, including traffic flow optimization and broader urban mobility analytics solutions.
About HCAI
Huachen AI Parking Management Technology Holding Co., Ltd. is a China-based, one-stop provider of smart-parking systems and precision structural parts. Through our operating subsidiaries we design, manufacture, install and service space-saving cubic parking garages—tailored to each client's needs with technologies such as vertical lifting and multi-layer cycling—while also supplying custom steel components and railroad accessories to industrial customers nationwide.
Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate," "continue" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the "Risk Factors" section of the Registration Statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
Investor Relations Contact
Alan Li
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+852-95791074
