Xiaoma Zhixing received $100 million in investment for the research and development of autonomous driving technology

Xiaoma Zhixing received $100 million in investment for the research and development of autonomous driving technology

On October 25th, Xiaoma Zhixing announced that it had received $100 million in investment from the Kingdom of Saudi Arabia's New Future City (NEOM) and its investment fund NIF (NEOM Investment Fund). Meanwhile, Xiaoma Zhixing and NEOM plan to establish a joint venture in New Future City in northwestern Saudi Arabia to provide autonomous driving technology solutions for the region...

Wenyuan Zhixing obtained the first national level autonomous driving license in the Middle East

Wenyuan Zhixing obtained the first national level autonomous driving license in the Middle East

On July 3rd, the United Arab Emirates approved its first autonomous driving road test license and awarded it to L4 autonomous driving technology company Wenyuan Zhixing. It is understood that this is also the first national level autonomous driving road test license in the Middle East and even the world...