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DeepRoute raises $100M in push to beat Tesla’s FSD in China
DeepRoute.ai, a Shenzhen-based autonomous driving technology startup, raised $100 million from an unidentified Chinese automaker. The company aims to get
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. Alibaba-backed DeepRoute is now racing to get its own ADAS into around 200,000 cars in China by the end of 2025, CEO Maxwell Zhou told Reuters. DeepRoute charges automakers a technology licensing fee per car and collects data that it uses to train its AI to handle more complicated traffic situations.
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