Didi, the Chinese ride-hailing giant, is actively seeking to raise funds for its autonomous vehicle technology unit, Didi Autonomous Driving, which may be valued at $5 billion. The firm has successfully raised $1.55 billion so far and is in discussions to secure additional investments, including potential backing from a Beijing-based fund. In China, interest in self-driving technology is booming, with competitors like WeRide and Pony AI gaining traction. Didi is currently testing its autonomous fleet across major cities but hasn’t yet begun commercial operations.
Chinese ride-hail firm Didi plans to raise funds for its autonomous vehicle technology unit, potentially valuing it at $5 billion amid growing investor interest.
Didi Autonomous Driving aims to secure several hundred million dollars more and has engaged with investors, including a Beijing-based fund, to explore interest in funding.
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