Founder of China’s answer to Wayve talks $100m funding, Tesla’s FSD, and AI future

['Jill Shen', 'More Jill Shen', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] TechNode 2024-11-07 00:00:00

Zhou believes China’s vast data pool has given it a boost in competing with Tesla in the race to develop self-driving cars. “We’ve been training our system using Chinese traffic data for a long time,” Zhou said (our translation). A big endorsement: Zhou’s comments were made as Deeproute has secured $100 million in its Series C1 funding from Great Wall Motor, two people with direct knowledge of the matter told TechNode. Great Wall Motor has declined to comment officially. These include the Smart #5, an electric crossover launched by Mercedes-Benz and China’s Geely on Oct. 27, as well as Great Wall Motor’s refreshed Blue Mountain flagship SUV that went on sale in August.