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China’s SAIC Mobility, the ride-hailing unit of the namesake carmaker, said on May 9 it has raised RMB 1.3 billion ($181 million) in a Series C financing round from its parent company, local government bodies, among other investors. The “biggest investment round in the Chinese ride-hailing sector in three years” would allow SAIC Mobility to [……
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SAIC’s ride-hailing unit announced $181 million investment round in push for robotaxis
China’s SAIC Mobility, the ride-hailing unit of the namesake carmaker, said on May 9 it has raised RMB 1.3 billion ($181 million) in a Series C financing round from its parent company, local government bodies, among other investors. The “biggest investment round in the Chinese ride-hailing sector in three years” would allow SAIC Mobility to