Carriage Technology completed $270 million in financing, and Jingdong Logistics and Meituan were the leading investors.

Car change news? On August 3, Mache Technology, a self-driving truck technology and operation company, announced the completion of the $270 million Series B equity financing. This round of financing was jointly led by Jingdong Logistics, Meituan and Taimeng Investment Group (PAG). Debon Express, IDG Capital, CMB International, SDIC Merchants, Future Assets, Stowe Capital and Bohua Capital followed suit, and all the original shareholders, ProsYinshan Capital, Contemporary Amperex Technology Co., Ltd., Weilai Capital and Zhongding Capital actively followed suit.

Through this round of financing, Hybrid Technology will further increase its investment in its full-stack self-developed truck autopilot system "Xuanyuan" and accelerate its layout in the field of electrification. Since 20 19, Hybrid Vehicle Technology has jointly developed self-driving heavy truck production models with leading domestic OEMs, followed strict vehicle forward development process, and won many industry firsts in the field of automatic driving. The self-driving freight system built by Won Che Technology has been deeply involved by many domestic head shippers and high-quality fleets.