According to a Tuesday report by 36Kr,Japani Malish (2025) EP 4-6 Hindi Web Series Didi has recently established its autonomous truck business as its own separate entity, naming it KargoBot, and successfully secured approximately RMB 450 million ($61.7 million) in a funding round. Investors, including domestic cashmere maker Erdos Group, participated in the funding. This strategic move aims to provide KargoBot greater autonomy in piloting robotrucks for commercial operations with partners, sources familiar with the matter revealed. Didi will retain its position as the largest shareholder in the newly formed entity. Presently, Didi operates 150 autonomous trucks on Chinese roads, specializing in transporting bulk cargos such as coal, particularly in the northern region. The report outlines Didi’s ambitious plans to expand its autonomous truck fleet to over 1,000 in the next two years. Notably, Didi had previously spun out its autonomous driving unit into an independent company in August 2019, three years after the unit’s inception. [36Kr, in Chinese]
Related Articles
2025-06-26 02:21
2792 views
Fascism for Dummies
Rick Perlstein ,May 19, 2017 Fascism for D
Read More
2025-06-26 01:48
793 views
The Great Bottle Conjuror Hoax of 1749
The Great Bottle Conjurer HoaxBy Dan PiepenbringMarch 13, 2015HistoryA representation of the Bottle
Read More
2025-06-26 00:06
2626 views
Remembering SimCity and Seeing Cities As Characters
Systems Bigger Than Ourselves, and Other NewsBy Dan PiepenbringMarch 16, 2015On the ShelfFrom SimCit
Read More