On February 16, mainline technology, the leader of L4 self-driving truck technology and commercialization, announced that it had obtained a new round of financing led by BAIC Production and Investment, followed by Zhengzhou SDIC and Advantage Capital, and Hanergy Investment continued to serve as financial advisor. 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.
Founded in 2017, Mainline Technology is committed to providing leading L4 level autonomous truck technology and capacity services for the logistics industry, creating a new generation of artificial intelligence logistics network covering the whole country, and making logistics and transportation more efficient, safer and more economical. In the process of focusing on the development of the intelligent logistics industry, Mainline Technology adheres to maintaining strategic synergy with the industry, and has received a number of top industrial capital blessings from the fields of artificial intelligence, logistics and automotive, including iFLYTEK, GLP, NIO, Bosch Venture Capital, Zhongding Capital, Yuexiu Industry Fund, Zhongwei Capital, Bohai Zhongsheng, BAIC Production and Investment, Zhengzhou SDIC, and Advantage Capital.
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 autonomous 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 highway 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.
This year, 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 up financing, introduce more strategic partners to support the development of the company, and jointly promote the intelligent transformation of the logistics industry.
Jia Guanghong, deputy general manager of BAIC Production and Investment, said, "As the leader of China's high-level autonomous driving technology and commercial landing of commercial vehicles, mainline technology shows the ability and pattern of the mainline technology team, whether it is the full roll-out of the unmanned series of products in the port scene or the cutting demonstration of the high-speed trunk line scene with technology as the fulcrum." From the perspective of realizing social value, commercial vehicle autonomous driving is of transformative significance to social logistics, and can create gain value for operations from four perspectives: saving labor costs, saving fuel costs, improving logistics efficiency, and reducing truck accidents. Mainline Technology has also launched a strategic cooperation with Foton Motor, a subsidiary of BAIC, relying on the respective advantages of both sides to further accelerate the development and demonstration of high-level autonomous driving technology in the field of commercial vehicles and logistics. ”
Liu Ting, managing director of Zheng Guotou, said, "Mainline Technology has the industry's top driverless full-stack technology team, and the commercialization progress in the field of port unmanned driving and the field of high-speed trunk logistics autonomous driving is far ahead of the industry. The logistics industry market space is huge, we believe that automatic driving will be a transformative upgrade and empowerment of the traditional logistics and transportation industry, and believe that the main line technology will become a practitioner leading the upgrading of the entire industry. Zhengzhou as the national high-speed rail 'meter' shape center, logistics hub location advantages are obvious, Zhengzhou Investment will actively coordinate local resources and application scenarios after the capital increase, and the main line technology to jointly promote the commercial operation progress of autonomous trucks, for the goal of building a new generation of artificial intelligence logistics network to work together. ”
Lu Xiaochen, Managing Partner of Advantage Capital, said, "We are optimistic that autonomous driving technology will bring revolutionary changes to the logistics industry, and the mainline technology team has a keen sense of business, leading full-stack technology and pragmatic and excellent execution capabilities, not only successfully seized this huge opportunity, but also persevered in breaking out of a unique commercialization path." Through large-scale and unmanned landing operation, mainline technology has rapidly grown into a leader in the field of port unmanned driving, with the layout of the second growth curve - trunk logistics field landing, mainline technology commercial vehicle automatic driving will have greater development potential and market space. The investment in the main line of science and technology, is the advantage of capital based on the wisdom of the city industry an important layout, the follow-up and its LP listed company digital government in the smart city scenario of the automatic driving scenario will also form a corresponding industrial synergy, we hope that the main line of technology and the advantage of the ecological industry resources in the future can undergo chemical reaction, through the market, capital, technology and other types of resource empowerment, to help the company better cope with the development challenges, seize the opportunity in the future market of automatic driving. ”
Meng Jiayue, managing director of Hanergy Investment Group, said, "Mainline Technology has carried out rapid deployment around logistics trunk lines and port hubs, and has joined hands with senior industrial partners to build more than 100 'de-safety officer' port unmanned operation fleets and dozens of trunk line driverless fleets, and its stable and mature software and hardware products have won high trust and praise from customers, and customer repurchases have continued to improve." Hanergy continues to be optimistic about the main line to transform the traditional transportation market with autonomous driving and build a new generation of intelligent and efficient transportation network. ”