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§ Private Profile · Jiading, Shanghai, China
Developer of intelligent smart robotic vehicles using AI, specializing in Level 4 autonomous electric vehicles for general consumers.
Jidu Auto is a Shanghai, China-based developer of intelligent, human-centric smart robotic vehicles, specializing in Level 4 autonomous electric vehicles (EVs). The company focuses on integrating advanced AI for superior autonomous driving capabilities to enhance customer experience and safety. Backed by investors Baidu, co-founded by Robin Li, and Geely Holding, Jidu Auto has announced plans to raise 50 billion yuan ($7.9 billion) for its development and manufacturing initiatives. With an employee count ranging from 51 to 200, the company aims to launch its first Level 4 autonomous EV by 2024. CEO Joe Xia (Xia Yiping) leads the organization, which was founded in March 2021. Its business model centers on backed by investors Baidu and Geely Holding, plans to raise 50 billion yuan for development and manufacturing.
Jidu Auto has raised $400.0M across 1 funding round.
Jidu Auto has raised $400.0M in total across 1 funding round.
Jidu Auto has raised $400.0M in total across 1 funding round.
Jidu Auto's investors include Baidu, Geely.
Jidu Auto has raised $400.0M across 1 funding round. Most recently, it raised $400.0M Series A in January 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 26, 2022 | $400M Series A | Baidu, Geely | — | Announced |