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Mainline Technology completed the B round of financing, and BAIC Production and Investment led the investment

On February 16, mainline technology, a self-driving truck service provider, announced that it had obtained a new round of financing led by BAIC Production and Investment, followed by Zhengzhou SDIC and Advantage Capital. At this point, Mainline Technology has officially completed the B round of financing, and will continue to promote research and development around the digitization, intelligence and unmannedization of trucks, accelerate the landing, and provide customers with leading intelligent logistics solutions.

It is reported that mainline technology has received a number of top industrial capital from the fields of artificial intelligence, logistics and automobiles, including iFLYTEK Venture Capital, GLP Hidden Mountain Capital, NIO Capital, Bosch Venture Capital, Zhong Ding Capital, Yuexiu Industry Fund, Zhongwei Capital, Bohai Zhongsheng, BAIC Production and Investment, Zhengzhou SDIC, and Advantage Capital.

Mainline Technology completed the B round of financing, and BAIC Production and Investment led the investment

Based on the self-developed and designed L4 level automatic driving software and hardware system "Trunk Master", Mainline Technology has launched a number of vehicle-level mass production autonomous trucks, leading the industry in commercialization speed and scale. In the port logistics hub scenario, Mainline Technology has participated in a number of domestic smart logistics hub projects such as Tianjin Port, Ningbo Zhoushan Port, CNOOC, China Merchants Port, etc., and has delivered more than 100 port driverless collection cards, ranking leading the world in market share, and taking the lead in realizing the normal operation of "de-safety officer". In the trunk logistics scenario, Mainline Technology obtained the first batch of commercial vehicle automatic driving test licenses in Beijing, and continued to carry out normalized L4 level automatic driving testing and demonstration operations on the Beijing-Taiwan Expressway, a real open expressway in China. At the same time, Mainline Technology has established a fleet of dozens of trunk logistics autonomous trucks, and carried out special line transportation business with logistics partners such as JD Logistics, Debon Express, Fuyou Truck, Shentong Express, etc., and the cumulative transportation mileage has exceeded 1.5 million kilometers.

Mainline Technology completed the B round of financing, and BAIC Production and Investment led the investment

In 2022, Mainline Technology will focus on promoting the mass production of autonomous trucks and the expansion of autonomous driving business in trunk logistics, continue to open financing, introduce more strategic partners to support the development of the company, and jointly promote the intelligent transformation of the logistics industry.

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