DeepRoute.ai, a Shenzhen-based autonomous driving technology startup, has raised $100 million from an unidentified Chinese automaker.
The company aims to deploy its automated driving systems in as many vehicles in China as possible before Tesla launches its Full Self-Driving (FSD) system in the country next year.
DeepRoute plans to install its ADAS in around 200,000 cars in China by the end of 2025, a significant increase from the current deployment of 20,000 vehicles.
The company charges automakers a licensing fee per car and collects data to improve its AI's ability to handle complex traffic situations.