Sina Technology News On the afternoon of October 12, Didi Autonomous Driving announced that it had received investment from Guangzhou Automobile Group. GAC Capital, a wholly-owned subsidiary of GAC Group, and Guangzhou Development Zone Investment Group will jointly invest in the same ratio to set up a special fund, investing no more than 149 million US dollars in Didi autonomous driving.
Didi Autonomous Driving will continue to increase investment in technology research and development, accelerate product applications and open cooperation in the industrial chain, build an open and sustainable industrial ecosystem platform, and accelerate large-scale and commercial applications of autonomous driving.
Zhang Bo, CTO of Didi Chuxing and CEO of Didi Autonomous Driving, said that GAC Group is a leading enterprise in the automobile industry and a global leader in the field of new energy. It has deep accumulation in the full-stack industry chain, and is happy to strengthen the strategic partnership with GAC Group. GAC Group's strong support will help Didi Autonomous Driving speed up the construction of an open and sustainable shared travel network and provide users with safe, convenient, and cost-effective autonomous driving travel services.
Yu Jun, deputy general manager of GAC Group and chairman of GAC Capital, said that under the “new four modernizations” development strategy of the national automobile industry, GAC Group insists on independent research and development and joint ventures for two-wheel drive, and has always been at the forefront of the industry in terms of intelligent manufacturing and autonomous driving. Didi's leading strength in the field of autonomous driving, especially in autonomous driving technology and scenario data systems, is obvious to all in the industry. GAC is confident in the future development of Didi's autonomous driving, and looks forward to working with Didi Autonomous Driving to jointly promote changes in the transportation and automobile industries.