Autonomous driving start-up Corage announces that it has completed an angel investment worth tens of millions of yuan.
Headquartered in Shenzhen and founded in 2021, Corage (Chinese: 卡睿智行) focuses on the development and commercialization of autonomous driving technologies.
It announced the completion of an angel funding round of nearly CNY tens of millions on August 31, led by Estar Capital (Chinese: 辰韬资本), Amino Capital (Chinese:丰元资本), and PKSHA SPARX Algorithm Fund.
China has stepped up autonomous driving development with new guidelines of vigorously promoting NEVs and encouraging autonomous driving for point-to-point arterial road transport.
Department of Transport Services of the Ministry of Transport just released a notice — "Self-driving Vehicle Transportation Safety Service Guidelines (Trial)" (draft for comment), which encourages the use of self-driving vehicles in road general cargo transportation in scenarios such as point-to-point trunk road transportation and relatively closed roads.
It is worth noting that Corage proposed for the first time a new concept of "going with new energy", which will accelerate the popularization of new energy commercial vehicles and realize the application of self-driving technology in the trillion-level trunk logistics market.
To achieve this, Corage has profoundly engaged in the planning and designing of autonomous trunks that could run in the 430-kilometer world's first autonomous driving logistics line — Jiuquan to Mingshui Green Line. Corage will shortly carry out long-distance scenario road tests and prepare for the operation of self-driving trunk logistics.