Chinese self-driving car startup Deeproute announced Tuesday that it had raised more than $300 million in a Series B led by Alibaba.
It’s unusual for two tech majors, JD and Meituan, to join the same round in robotrucks, signaling that they see Inceptio as a key player.
WeRide’s expanded partnership with automaker GAC is the latest example of the startup branching out to work with more companies as it develops self-driving vehicles and related services.
Didi and AutoX are trying to elbow further into the crowded AV race led by Pony.ai and Baidu. Shanghai is finally starting testing.
Auto tech companies are stepping up efforts to roll out commercial self-driving taxi service to help recoup costs.
The Chinese search engine giant seeks to increase its self-driving advantages in the country’s EV consumption boom.