SAIC Mobility, the ride-hailing division of Chinese automotive giant SAIC Motor, announced on May 9 that it has successfully secured RMB 1.3 billion (approximately $181 million) in a Series C financing round. This significant investment, described as the largest in the Chinese ride-hailing sector in the past three years, was backed by the company's parent organization and various local government entities, among other investors. The funding is expected to bolster SAIC Mobility's operations and enhance its competitive edge in the rapidly evolving ride-hailing market.
Autonomous Vehicle / UGV
Logistics & Supply Chain
Robot Manufacturer
Original from TechNode.com: SAIC’s ride-hailing unit announced $181 million investment round in push for robotaxis
SAIC’s ride-hailing unit announced $181 million investment round in push for robotaxis
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