China self-driving truck startup Inceptio raises US$100m from investors including GLP: sources

  • China’s Inceptio Technology, a startup developing self-driving trucks, has raised US$100 million in its latest funding round from logistics firm GLP, its key strategic investor G7 and other investors, two sources familiar with the matter told Reuters.
  • The company, which aims to operate a freight network with autonomous driving trucks in China from 2022, has partnerships with Dongfeng Automobile Co, Sinotruk Hong Kong and Foton.
  • The two-year-old firm is developing autonomous driving software and an in-car computing system while the truckmakers are responsible for the vehicles’ platforms.

Original Article

Leave a comment

Your email address will not be published. Required fields are marked *