Yuanrong Qixing Completes USD 300 Million Series B Financing

Yuanrong Qixing completed a $300 million Series B financing in September 2021, with a valuation of $1 billion. The company has two major product lines, the self-driving passenger car "Yuanqixing" and the self-driving light truck "Yuanqiyun", and has R&D centers in Shenzhen and Beijing.