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

Quick Summary:

DeepRoute.ai, a Shenzhen-based autonomous driving technology startup, raised $100 million from Great Wall Motor.

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

Level 2+ and Level 3 are driver assistance systems that require a human to remain attentive and take over when the system requests it.

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Article Details

Author / Journalist: Rebecca Bellan

Category: StartupsBusiness

Markets: United StatesChina

Topics: Deeproute.ai Fundraising Startups Transportation In Brief Autonomous driving

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 15:10:00 (3 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 516 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © TechCrunch

News ID: 23471990

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