The Venture Codex Logo

The Venture Codex

SAIC Mobility

No. 888, Moyu South Road, Anting Town Room 1603-7, 16th Floor, Jiading, Shanghai, Shanghai, China

Overview

SAIC Mobility develops and operates robotaxi services using Momenta’s Flywheel L4 deep‑learning autonomous driving technology. The company ran two 100‑day pilots in Shanghai and Suzhou with a 60‑vehicle fleet and safety drivers, reaching about 20 rides per vehicle per day. User satisfaction during the pilot was 98% and roughly 80% of riders used the service at least twice. SAIC Mobility plans to scale trials into a commercial service once local regulations permit and to continue improving the ride‑hailing app and vehicle autonomy. With a joint venture with Suzhou’s SASAC branch, the company is positioning for faster deployment in Suzhou while competing with players like Baidu and Pony.ai.

Total raised
$147M
Funding rounds
1
Latest round
Series B
Latest activity
Aug 2022

Industries

  • Travel
Visit website

Recent funding

  1. Series B

    Aug 2022

    $147M

Team

No current team members are available.