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Chinese ride - hail house Didi is on the hunting for smart funds for its independent vehicle technology social unit that could value it at $ 5 billion , grant toBloomberg News .
Investor sake in self - driving cars is high in China on the spine of IPOs fromWeRideandPony AI , which have a market place capitalization of $ 4.7 billion and $ 5.25 billion , severally , as of Tuesday aurora .
Didi Autonomous Driving , the unitDidi created in 2020 , hasraiseda total of $ 1.55 billion to escort , per PitchBook data point , include a $ 298 million circle in October 2024 . source familiar with the matter told Bloomberg that the unit aims to elicit several hundred million dollars more and is in lecture with investors , including a Beijing - based fund , to approximate interest .
The Chinese AV troupe is testing a fleet of roughly 200 self-governing vehicles across Beijing , Guangzhou , and Shanghai , but it has not yet start commercial-grade robotaxi operations .
Didi may practice the upcoming investment trust to continue developing Ab technical school and speed up mint production of its electric robotaxis built in partnership with EV Lord GAC Aion , the first of which areset to be produced in 2025 .
TechCrunch has reached out to Didi for more information .
