DeepRoute.ai, a Shenzhen-based autonomous driving technology startup, has raised $100 million from Great Wall Motor.
The startup aims to deploy its automated driving systems in as many vehicles in China as possible before Tesla's Full Self-Driving (FSD) system launches in the country next year.
DeepRoute shifted its strategy from Level 4 robotaxi R&D to focus on Level 2+ and Level 3 autonomous technology development.
The funds raised will be used to develop advanced visual-language-action models and explore future global robotaxi business opportunities.