The deal may signal that Chinese venture capital funds are once again favoring self-driving startups.
The new funds will be used to expand its long-haul service and develop a commercial self-driving truck.
The HD map maker advocates crowdsourcing to collect, contribute, and verify data.
By some counts the world’s biggest metro area, Chongqing’s auto manufacturing base offers a testbed for the future of urban mobility.
Auto tech companies are stepping up efforts to roll out commercial self-driving taxi service to help recoup costs.
Apple has hired a “handful” of its hardware and software engineers to work at its special projects division.
Four major Chinese cities have allowed self-driving vehicle testing on designated roads.
The news follows a similar announcement made by rival Didi a day earlier.
TuSimple has been running daily routes for customers in Arizona and was last year given permission to test its trucks on selected roads in Shanghai.
Nio’s founder said the company will enhance the efficiency of its business operations to develop next-generation products.