Unlike traditional robotaxis, DeepRoute.ai's autonomous vehicles are more scalable and cost-effective due to its end-to-end technology. The company's DeepRoute-Driver portfolio includes software, hardware, and a cloud monitoring system, and its sensor-fusion technology can accurately detect various objects over 200 meters away. The system is now available for $1,000 to $2,000 per vehicle, based on OEM quantities, with clients including Lincoln, Geely, Ford, and Dongfeng.
Key takeaways:
- DeepRoute.ai has raised $100 million in a Series C1 funding round led by Great Wall Motor, with plans to use the funding to enhance R&D, scale collaborations with global automakers, explore robotaxi business, and recruit more AI-native talent.
- The company has raised a total of about $450 million to date and plans to release over 10 new vehicle models in partnership with select OEM clients next year.
- DeepRoute.ai's autonomous vehicles are more scalable and cost-effective due to its end-to-end technology, which includes software, hardware, and a cloud monitoring system.
- The DeepRoute-Driver system is now available for $1,000 to $2,000 per vehicle, based on OEM quantities, and the company has mentioned OEM clients that include Lincoln, Geely, Ford, and Dongfeng.