“First of all, appreciate\u00a0the recognition and trust of the new and existing\u00a0shareholders. Autowise.ai\u00a0has deployed nearly 200 autonomous vehicles around the world, and\u00a0proved the business model of autonomous driving on a large scale. Orders and revenues\u00a0are growing rapidly, which is also the key factor for our\u00a0company to continue to raise funds despite the current economy status.” “We will further expand the scale of commercialization and apply\u00a0autonomous technology\u00a0to reduce costs and increase efficiency to traditional industries,” said Huang Chao, founder and CEO of Autowise.ai.[\/vc_column_text][vc_column_text css_animation=”fadeInUp” max_width=”1000px”]\n
Robotaxi fleet developed by Autowise.ai<\/em><\/p>\n[\/vc_column_text][vc_column_text css_animation=”fadeInUp” max_width=”1000px”]Autowise.ai introduced two new investors in this round of financing. Shanshan Venture Capital is the industrial fund management platform of Shanshan Group. As one of China’s top 500 enterprises, Shanshan Group has an distinct\u00a0advantage in the field of new energy lithium electric materials, which can create\u00a0synergy with Autowise.ai. Backed by strong resource support and brand effect of\u00a0the\u00a0Group, Shanshan Venture Capital continuously prioritize the development of new energy and high tech-related industries. Gong Yi, Chairman and General Manager of Shanshan Venture Capital, believes that Autowise.ai has mastered the full-stack autonomous\u00a0driving technology from passenger vehicles to commercial vehicles,\u00a0and then to specialized vehicles, and has made remarkable achievements in commercialization: “On\u00a0one hand, Autowise.ai’s team make-up is very strong. The technology and business team of Autowise.ai comes from Didi, Baidu and other internet\/automotive industry manufacturers; on the other hand, the operation of Autowise.ai in more than 20 cities around the world also shows us a new model for\u00a0the\u00a0commercialization of autonomous\u00a0technology. They really solved the cost of recruiting and hiring labors for customers and owners, and free-up front-line sanitation workers gradually from\u00a0dangerous and harsh working environment.\u201d[\/vc_column_text][image_with_animation image_url=”1232″ image_size=”medium_large” animation_type=”entrance” animation=”Fade In” hover_animation=”none” alignment=”center” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default” margin_bottom=”20px”][vc_column_text css_animation=”fadeInUp”]\n Full-autonomous sweeper fleet\u00a0in Lingang\u00a0Shanghai, China<\/em><\/p>\n[\/vc_column_text][vc_column_text css_animation=”fadeInUp” max_width=”1000px”]In recent years, Op Capital has prioritized investment in the area of artificial intelligence and autonomous\u00a0driving industry, and has Horizon\u00a0Robotics, Black Sesame Technologies and other vehicle chip\u00a0enterprises in the portfolio.\u00a0In Op Capital\u00a0Partner Shi Shuncheng’s opinion, the business development of Autowise.ai\u00a0in global market and the high growth trend despite the epidemic times were the main attributes that Op Capital values. The products and services of Autowise.ai\u00a0have successively landed in Germany, Switzerland, United States, and other developed countries. At present, many projects in Norway, Australia, and the Middle East are in the pipeline. “Commercialization of Autowise.ai autonomous\u00a0driving technology is industry-leading in the world, which is also a strong evidence of their product and the capacity of R&D,” Shi Shuncheng said,\u00a0“On the other hand, under the continuous influence of the epidemic, Autowise.ai has\u00a0shown a tenfold revenue increase in Q1 and Q2\u00a0over the same period of last year.\u00a0This is another reason why we are optimistic about Autowise.ai. In the post-COVID era, the application of autonomous\u00a0driving in the field of sanitation has attracted more and more attention from municipalities and enterprises.\u00a0This reflects the key rationale\u00a0from\u00a0the founder of Autowise.ai: the commercialization\u00a0of driver-less\u00a0technology on open roads\u00a0will prioritize in the sanitation industry.”[\/vc_column_text][image_with_animation image_url=”3742″ image_size=”medium_large” animation_type=”entrance” animation=”Fade In” hover_animation=”none” alignment=”center” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default” margin_bottom=”20px”][vc_column_text css_animation=”fadeInUp”]\n Autowise.ai R&D Center in Shanghai<\/em><\/p>\n[\/vc_column_text][vc_column_text css_animation=”fadeInUp” max_width=”1000px”]\n William Liu, Partner and\u00a0Head of Global Business at Autowise.ai<\/em><\/p>\n[\/vc_column_text][vc_column_text css_animation=”fadeInUp” max_width=”1000px”]Mr. William Liu, graduated from the University of Michigan in United States, is the Partner and Head of Global Business\u00a0of Autowise.ai. He has held key positions in well-known companies such as Didi, General Motors and Roland Berger. William has independently completed a strategic investment of $600 million and led an offline heavy-asset operation business with over $150 million worth of asset.[\/vc_column_text][image_with_animation image_url=”3739″ image_size=”medium_large” animation_type=”entrance” animation=”Fade In” hover_animation=”none” alignment=”center” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default” margin_bottom=”20px”][vc_column_text css_animation=”fadeInUp”]\n Tang Yanye, Vice President of Product and Operation<\/em><\/p>\n[\/vc_column_text][vc_column_text css_animation=”fadeInUp” max_width=”1000px”]Mr. Tang Yanye is\u00a0Vice President of Product and Operation. He\u00a0was the senior operation expert at Alibaba Cloud, the Head of Product Operation at DiDi, and the Head of Navigation\u00a0Product at Baidu. With extensive knowledge and experience in product and operation, Mr. Tang\u00a0also served as the regional head of Didi’s international business in Australia and New Zealand.[\/vc_column_text][image_with_animation image_url=”4132″ image_size=”medium_large” animation_type=”entrance” animation=”Fade In” hover_animation=”none” alignment=”center” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default” margin_bottom=”20px”][vc_column_text css_animation=”fadeInUp”]\n Mario Pepe, Head of EMEA Region Sales\u00a0at Autowise.ai<\/em><\/p>\n[\/vc_column_text][vc_column_text css_animation=”fadeInUp” max_width=”1000px”]At the beginning of this year, Autowise.ai\u00a0also introduced Mr. Mario Pepe, who has been working in the intelligent sanitation industry for many years, as the Head of EMEA Region Sales. Mario has served as global sales director and general manager\u00a0of Dulevo, a world-renowned cleaning equipment manufacturer in Italy, and has more than 30 years of experience in street cleaning equipment sales and business development.<\/p>\n The continuous introduction of executives from product, operation and sales teams reveals the determination and courage of Autowise.ai\u00a0in expanding the commercial application of autonomous\u00a0driving, especially in developing global market.\u00a0Global market will be an integral part of Autowise.ai business revenue in the next few years, contribute almost half to the overall revenue stream.[\/vc_column_text][image_with_animation image_url=”3652″ image_size=”medium_large” animation_type=”entrance” animation=”Fade In” hover_animation=”none” alignment=”center” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default” margin_bottom=”20px”][vc_column_text css_animation=”fadeInUp”]\n Autowise. ai autonomous\u00a0sweeper\u00a0at a large logistic port\u00a0in Duisburg, Germany<\/em><\/p>\n[\/vc_column_text][vc_column_text css_animation=”fadeInUp” max_width=”1000px”]\n Autowise.ai’s deep dive into the autonomous driving sanitation is only the first step in the commercialization of autonomous driving. Through continuous improvement of autonomous\u00a0technology, investment in the operation of driver-less cleaning services and the sale of autonomous driving solutions, Autowise.ai has been accumulating data and corner cases through actual operation, to rapidly iterate and optimize the autonomous algorithm, while acquiring several industrial and municipality customers to establish reference cases and reputation. In return, more commercialization and the rapid increase in revenue income.<\/p>\n The autonomous\u00a0driving technology of\u00a0Autowise.ai can be well compatible with sweepers ranging from 1ton to 18tons, which also indicates the mature technical capability. In terms of scientific research, Autowise.ai has established a joint laboratory with the Hong Kong University of Science and Technology. The scientific research results of monocular 3D detection tasks have been successively accepted by CVPR and ECCV\u00a0(two international conferences on computer\u00a0vision), demonstrating Autowise.ai’s\u00a0strong algorithmic\u00a0and technological capabilities in the field of perception\u00a0technology.[\/vc_column_text][image_with_animation image_url=”4136″ image_size=”medium_large” animation_type=”entrance” animation=”Fade In” hover_animation=”none” alignment=”center” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default” margin_bottom=”20px”][vc_column_text css_animation=”fadeInUp”]\n Autowise. ai autonomous\u00a0sweepers operating safely in pedestrian-vehicle mixed open road peak traffic condition<\/em><\/p>\n[\/vc_column_text][vc_column_text css_animation=”fadeInUp” max_width=”1000px”]With the build-up of operational experience and technology, Autowise.ai\u00a0will be able to quickly complete the technology iteration and expand the commercial application of autonomous\u00a0driving technology to other industries. The commercialization of autonomous\u00a0driving is a marathon, and Autowise.ai\u00a0will be better equipped to match the race of technological disruption\u00a0and expand its global foot print.[\/vc_column_text][image_with_animation image_size=”full” animation_type=”entrance” animation=”Fade In” hover_animation=”none” alignment=”” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default”][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":" [vc_row type=”full_width_content” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” top_padding=”80px” left_padding_desktop=”15%” constrain_group_2=”yes” right_padding_desktop=”15%” top_padding_tablet=”60px” left_padding_tablet=”5%” constrain_group_4=”yes” right_padding_tablet=”5%” top_padding_phone=”30px” left_padding_phone=”20px” constrain_group_6=”yes” right_padding_phone=”20px” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” advanced_gradient_angle=”0″ overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”…<\/p>\n","protected":false},"author":2,"featured_media":1232,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-4127","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"_links":{"self":[{"href":"https:\/\/autowise.ai\/en\/wp-json\/wp\/v2\/posts\/4127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/autowise.ai\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/autowise.ai\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/autowise.ai\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/autowise.ai\/en\/wp-json\/wp\/v2\/comments?post=4127"}],"version-history":[{"count":9,"href":"https:\/\/autowise.ai\/en\/wp-json\/wp\/v2\/posts\/4127\/revisions"}],"predecessor-version":[{"id":4147,"href":"https:\/\/autowise.ai\/en\/wp-json\/wp\/v2\/posts\/4127\/revisions\/4147"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/autowise.ai\/en\/wp-json\/wp\/v2\/media\/1232"}],"wp:attachment":[{"href":"https:\/\/autowise.ai\/en\/wp-json\/wp\/v2\/media?parent=4127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/autowise.ai\/en\/wp-json\/wp\/v2\/categories?post=4127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/autowise.ai\/en\/wp-json\/wp\/v2\/tags?post=4127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Introducing leading executives to create comprehensive barriers to product technology and commercialization<\/h4>\n[\/vc_column_text][vc_column_text css_animation=”fadeInUp” max_width=”1000px”]Since November last year, Autowise.ai\u00a0has successfully hired new executives, along with its leading technology, operation and service system, has created a comprehensive barrier to product, technology and commercialization in the global market.[\/vc_column_text][image_with_animation image_url=”3845″ image_size=”medium_large” animation_type=”entrance” animation=”Fade In” hover_animation=”none” alignment=”center” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default” margin_bottom=”20px”][vc_column_text css_animation=”fadeInUp”]\n
Developing <\/b><\/strong>Full Stack <\/b><\/strong>Autonomous Driving <\/b><\/strong>Technolog<\/b><\/strong>y<\/b><\/strong>\u00a0and Applying to More Industries<\/b><\/strong><\/h4>\n[\/vc_column_text][vc_column_text css_animation=”fadeInUp” max_width=”1000px”]Autowise.ai has been deeply engaged in the field of autonomous street sweeping\u00a0for many years, integrating autonomous driving technology into smart cleaning\u00a0operation and operating autonomous sweeper\u00a0fleets in many locations. It operates integrated sanitation projects in several first-tier cities\u00a0in China, with a single project covering an area of over 3 million square meters and contract value\u00a0over $15\u00a0million. At the same time, Autowise.ai quickly take\u00a0on several special operation scenarios, such as Tangshan Port and Nanjing Yangtze River Tunnel, it achieved the breakthrough of autonomous driving cleaning\u00a0services\u00a0in port and under-river tunnel operation scenarios.<\/p>\n