Great Wall Motors invests in Yuanrong Qixing to promote the development of autonomous driving technology

Great Wall Motors recently invested $100 million in autonomous driving company Yuanrong Qixing and became its shareholder. Yuanrong Qixing has completed five rounds of financing so far, with a cumulative amount of more than $500 million. The company has reached mass production cooperation with four automobile OEMs, including Great Wall Motors Weipai Blue Mountain and Smart Elf 5.