Chinese Autonomous Delivery Startup Neolix Raises $600 Million as Self-Driving Vehicle Race Intensifies
Summary
Chinese autonomous delivery startup Neolix secures $600 million in funding led by UAE-based Stone Venture, claiming deployment of 10,000 robovans across China as competition intensifies in the rapidly evolving self-driving delivery vehicle market.
Key Points
- Chinese autonomous delivery startup Neolix raises $600 million in funding led by UAE-based Stone Venture for technology and product development
- The Beijing-based company claims to have deployed 10,000 robovans across China as competition intensifies in the autonomous delivery market
- The funding round occurs amid a heated race among companies to develop and deploy self-driving delivery vehicles on public roads