Didi reportedly seeking funds for self-driving unit at $5B valuation

The Chinese Ride-Hail Firm Didi is in search of new funds for its autonomous vehicle technology unit that can make it worth $ 5 billion Bloomberg NewsThe

Investors are more interested in self-driving cars in China on IPO’s back Whiride And From the ponyUntil Tuesday morning, $ 4.7 billion and 5.25 billion dollars are in the market capital.

Didi autonomous driving, unit Didi made in 2020There is Raised In October 2021, a total of $ 1.55 billion is up to $ 1.55 billion with pitchbook data with $ 20 million rounds. Sources familiar with the subject have told Bloomberg that the unit is in talks with investors in the Beijing-based fund to raise several hundred million dollars, which has Beijing-based funds.

The Chinese AV company is examining a fleet of nearly 200 autonomous vehicles across Beijing, Guangzhou and Shanghai, but it has not yet started commercial robotaxi operations.

DIDE AV Tech can use upcoming funds to speed up the extensive production of its electric robotaxis, built with partnership with EV Maker Gac ion, the first of which is Will be produced in 2025The

TechCrunch has reached DIDI for more information.