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Xiaomi and Dongfeng led a $30m round in Tongyu Automotive.

Synopsis

Dongfeng, an automobile company, led a $30m round in Tongyu Automotive, an intelligent driving system development company. "Tongyu team has devoted itself to research and development, with innovation as the core driving force, and has always insisted on independent and controllable key technologies. It has successfully broken the monopoly of foreign manufacturers in this segment and achieved world-class product performance. level. We are particularly optimistic about the management team and hope to help Tongyu continue to make more outstanding contributions to the development of China's automotive chassis core technology," Xiong Jiahong, Dongfeng General Manager.

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