AutoX receives $100 million in funding

The self-driving company AutoX announced the completion of its US$100 million Series A financing. Dongfeng Motor led the investment, which amounted to tens of millions of US dollars, and is the largest investment by a Chinese OEM in this field. The following investors include Alibaba's Entrepreneurs Fund, the well-known Silicon Valley incubator Plug and Play China Fund, Hong Kong HKSTP Technology Development Fund, and many well-known domestic and overseas financial investment institutions.