Neolix, a Chinese manufacturer specializing in autonomous delivery vehicles, has officially announced the successful closure of its Series E funding round, raising an impressive US$400 million. This funding initiative was spearheaded by Boyu Capital and saw the involvement of numerous new and returning investors. With this latest infusion of capital, Neolix’s total financing has now surpassed US$1.4 billion, marking it as the most substantial funding achievement within China’s autonomous driving sector for the current year. The newly acquired funds are earmarked for expediting the company’s global business expansion, enhancing operational scale, and broadening its customer reach. Presently, Neolix boasts a deployment of over 30,000 autonomous delivery vehicles, operating in more than 300 cities across 20 countries. Its operational fleet size holds the top position on a global scale. Looking ahead, Neolix has set ambitious goals to expand its domestic fleet to 50,000 vehicles within this year and anticipates adding an extra 100,000 autonomous delivery vehicles to its ranks by 2027.