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Xiaozhu Autonomous Vehicle, a driverless logistics vehicle brand operating under the umbrella of Minieye, is on the verge of finalizing an independent funding round with a valuation soaring into the hundreds of millions of US dollars. This funding endeavor has attracted the interest of top-tier investors within the autonomous driving sector. The capital raised in this round will be strategically allocated towards the comprehensive research and development of embodied AI technology, along with the creation of universal mapless autonomous driving software and hardware solutions. Additionally, it will facilitate the expansion of the company's vehicle production capabilities. As of the latest updates, Xiaozhu Autonomous Vehicle has already been deployed and is operational in 18 cities throughout China, boasting a cumulative order tally that surpasses 8,000 units.
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