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News, Analysis & Perspective on Autonomous Vehicles

Chinese autonomous driving firm Hong Jing Drive receives $15M in financing

Hong Jing Drive, an autonomous driving solutions provider based in China, announced on Monday that it had completed financing of over 100 million yuan ($15.77 million), featuring exclusive investment from Prosperity7, a diversified venture capital fund under Saudi Aramco. In less than one year, Hong Jing Drive has successively completed three rounds of financing worth several hundred million yuan.

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