Self-driving startup Zongmu closes over $157 million in Series E funding

Zongmu will build a campus capable of supplying autonomous driving systems for 2 million vehicles per year in Dongyang, Zhejiang province.

Qualcomm-backed ZongmuTech helps Changan, JAC models claim top two spots in self-driving contest

While eyes are focused on the self-driving capabilities of the new car makers, some technology providers are helping other car companies gain equal access to such capabilities.

Qualcomm-backed self-driving startup ZongmuTech closes new $190 million funding round, considers A-share listing

This is one of the first investments made by a Xiaomi-backed fund in the smart vehicle industry chain since the smartphone giant officially announced its entry into the car-making field on March 30.