China’s Ruqi Mobility secures over $117m to bring more robotaxis on the road

China’s Ruqi Mobility secures over $117m to bring more robotaxis on the road

Image source: Screenshot of Ruqi Mobility's website.

Ruqi Mobility, the ride-sharing platform under Chinese state-owned automaker GAC Group, has snagged 842 million yuan ($117.2 million) in a Series B round led by Guangzhou Automobile Industry Group, the controlling shareholder of GAC Group. 

Edited by: Joymitra Rai