Carl Power announced the completion of round A financing of 600 million yuan, accelerating the commercialization process of L4 automatic driving formation technology

Carl Power announced the completion of round A financing of 600 million yuan, accelerating the commercialization process of L4 automatic driving formation technology
2024-06-28 15:20:39 Global Network

Source: Global Network

[Global Financial News] On the afternoon of June 28, Carl Power announced that it had successfully completed Round A financing, raising a total of 600 million yuan. The funds obtained from this financing will be specially used to promote the large-scale application and commercialization of its L4 automatic driving formation technology, marking an important step for the development of Carl Power in the field of automatic driving.

Looking back over the past year, Carl Power has been active in the capital market, with a cumulative financing amount of more than 1 billion yuan, attracting the favor and support of Ordos State Investment Group, Ordos Group, CIMC Vehicles and Shenzhen Investment Holding Cooperation Fund, Horizon and many strategic investors. The injection of these funds has provided a solid backing for the technical research and development and market expansion of Carl Power.

Carl Power focuses on the application of L4 automatic driving formation technology in bulk logistics scenarios. Through innovation, it proposes a L4 hybrid intelligent formation technology scheme, realizing an efficient mode in which one driver drives L2 pilot vehicles to lead multiple L4 automatic driving trucks. This scheme can not only automatically complete the operations of team formation, departure, lane change, etc., but also effectively deal with snow and ice sections, flexibly shuttle between social vehicles, and efficiently pass through toll stations and traffic light intersections, demonstrating a high level of intelligence and practicality.

According to public data, Carl Power has achieved a total weight of more than 45 million ton kilometers of L4 automatic driving bulk cargo, and the total mileage of formation demonstration operation has exceeded 8 million kilometers. This series of achievements not only verified the maturity and reliability of Carl Power technology, but also laid a solid foundation for its commercialization process.

In addition, Carl Power also launched a front mounted mass production heavy truck model with unmanned capability with partners, covering a variety of power types such as new energy, fuel and natural gas, further enriching its product line and meeting the needs of different customers.

For the future, Wei Junqing, CEO of Carl Dynamics, said: "The autonomous driving freight market has huge potential, high safety and broad application prospects. It is one of the most likely to take the lead in achieving unmanned and commercialized market segments in the L4 autonomous driving field. Since its inception, Carl Power has chosen intelligent formation as the entry point, and has made extensive deployment in suitable scenarios in the central and western regions, and has made significant breakthroughs in unmanned technology, vehicle front-end mass production, safety and commercialization. In the future, we will continue to increase investment, accelerate the iterative optimization of the system, promote the large-scale deployment of thousands of units, and strive to promote the sustainable development and intelligent upgrading of cities and society through L4 automatic driving technology. "

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