Carl Power announced the completion of RMB 600 million Series A financing

On June 28, Carl Power announced the completion of a RMB 600 million Series A financing, which will be used to accelerate the large-scale application and commercialization of L4 autonomous driving platooning technology. In the past year, Carl Power has raised more than RMB 1 billion in total, with investors including Ordos State Investment Group, Ordos Group, CIMC Vehicles and Shenzhen Investment Holdings Cooperation Fund, Horizon and other strategic investors. Carl Power has accumulated a total of more than 45 million ton-kilometers of L4 autonomous driving bulk freight, and the total mileage of platoon demonstration operations has exceeded 8 million kilometers. Carl Power has launched a pre-installed mass-produced heavy-duty truck model with unmanned capabilities together with its partners, covering a variety of power types such as new energy, fuel, and natural gas.