AutoAI is NavInfo's intelligent driving unit focused on technologies for intelligent passenger cars, including smart cockpits. The new funds are intended to enhance AutoAI's market competitiveness in the intelligent passenger car industry. Didi has seconded a team of about 300 smart-transportation staff to AutoAI who will focus mainly on intelligent cockpits. AutoAI reported revenue of CNY470 million last year and a net loss of CNY330 million. The company has completed ten fundraisers with participants including Robert Bosch Venture Capital, Tencent Holdings, and Nio Capital. An insider said AutoAI plans a possible independent public listing in the future depending on capital market conditions, and its new order business is doing well.

Total raised

$94M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2024