【CNMO News】Recently, the autonomous driving solution company "Zhixing" announced the completion of nearly 1 billion yuan A round of financing, investors are Meituan, Hillhouse Venture Capital, Qualcomm Venture Capital, First Trip Holdings, Nine Wisdom Capital, etc. The funds raised will be mainly used for investment in autonomous driving research and development and the construction of talent system.
It is understood that Zhixing is an autonomous driving company under Great Wall Motor, and its main business includes passenger car auxiliary driving systems and solutions, low-speed unmanned vehicle ecosystem and solutions, and assisted driving related product research and development and customization services. L2-level driver assistance features have been developed, and the company expects its L2 assisted driving to be available in 34 models by the end of 2022. The company is also developing L4-level autonomous driving technology and has partnered with Meituan Logistics Vehicles to transport goods in multiple scenarios without human drivers.
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