Announced

Completed

GAC Group and Guangzhou Development District Investment completed a $149m investment in DiDi Autonomous Driving.

Synopsis

GAC Group, an automobile manufacturer, and Guangzhou Development District Investment, an investment company, completed a $149m investment in DiDi Autonomous Driving, a company that develop autonomous vehicles for rideshares. “As a leading company in the automotive industry and a pioneer in the global new energy sector, GAC Group has built a strong foothold across the entire value chain. We are pleased to strengthen our strategic partnership with GAC Group. The strong support from GAC Group will help us accelerate the construction of an open, sustainable, and mixed dispatching network for shared mobility, providing users with safe, convenient, and cost-effective autonomous driving services,” Zhang Bo, DiDi Autonomous Driving CEO.

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