Chinese self-driving car startup Deeproute announced Tuesday that it had raised more than $300 million in a Series B led by Alibaba.
Baidu received the country’s first permit for commercial robotaxi services, a major milestone for Chinese self-driving car industry.
The launch marks a first milestone for the world’s largest maker of consumer drones in its push into the Chinese EV space.
BYD partners with US autonomous driving startup Nuro to make electric robocars for goods delivery services.
DeepWay brands itself as China’s first electric vehicle startup that designs autonomous trucks from scratch for freight delivery, rather than something based on an existing truck model with minor changes.
The idea of building an on-demand ride-hailing service for the skies is gradually getting off the ground in China.
The incident potentially delivers another blow to the company’s reputation following a high-profile accident involving a Nio car last year.
Jidu will use the proceeds on research and development as the company aims to unveil a concept car in April.
The coronavirus outbreak may be a turning point for unmanned delivery applications in China, which have remained limited despite widespread attention.
Huawei’s rotating chairman said the company is now seeking support and understanding as it “is susceptible to making mistakes” as a newcomer.