China’s Didi Chuxing raises over $500 million for autonomous driving unit

China’s Didi Chuxing raises over $500 million for autonomous driving unit

China’s Didi Chuxing has said it has completed a fundraising round of over $500 million for its autonomous driving subsidiary. This was the single largest fundraising round in China’s self-driving sector. Didi plans to use the capital to invest further in the R&D of autonomous driving technology as well as testing, and accelerate the deployment of autonomous driving services.

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