Zhixingzhe Technology received hundreds of millions of RMB in C+ round financing

2020-09-14 00:00
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Zhixingzhe Technology announced that it has completed a C+ round of investment of hundreds of millions of RMB, with investors including Xinding Capital and Huaxia Weiming. Xinding Capital has invested in companies such as Cambrian, WM Motor, and Xiaopeng Motors. Zhixingzhe Technology was founded in 2015. The core team comes from the Department of Automotive Engineering of Tsinghua University. It currently has nearly 300 employees. Its core product is the "brain" of autonomous driving, which has been applied in low-speed, special vehicles, and high-speed fields. The cumulative test mileage of autonomous driving vehicles exceeds two million kilometers, and autonomous driving products have been sold to Germany, the United States, Japan, Russia and other countries. In the field of special vehicles, Zhixingzhe Technology has already put unmanned vehicles into operation in batches in scenarios such as sanitation, logistics, and parks, and is expanding into security and retail fields. At present, the price of Wo Xiaobai AS80 is between 200,000 and 300,000 yuan, and the domestic investment return period is about 2 years, and overseas is about 8-10 months. After the volume is increased, the price is expected to drop below 100,000 yuan, which is 20,000 to 30,000 yuan more expensive than a floor scrubber without autonomous driving function.