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DeepRoute raises $100M in push to beat Tesla’s FSD in China

TechCrunch LogoTechCrunch2w ago

DeepRoute raises $100M in push to beat Tesla’s FSD in China - TechCrunch

Quick Summary:

The company aims to get its automated driving systems into as many vehicles in China before Tesla takes off next year, according to a Reuters report.

DeepRoute.ai, a Shenzhen-based autonomous driving technology startup, raised $100 million from an unidentified Chinese automaker.

That’s a 10x increase from the 20,000 vehicles its tech is deployed in today.


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DeepRoute raises $100M in push to beat Tesla’s FSD in China - TechCrunch (Picture 1)

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Article Details

Author / Journalist: Rebecca Bellan

Category: StartupsBusiness

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 17:11:34 (2 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 193 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 23401707

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