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Autonomous driving startup Deeproute.ai prices L4 solution at $10,000 – TechCrunch

Deeproute.ai, a self-driving car startup with offices in Shenzhen and Fremont, California, unveiled an ambitious self-driving solution on Wednesday.

The package named DeepRoute-Driver 2.0 is a production-ready Level 4 system and costs around $ 10,000. Given the hardware used (5 solid-state lidar sensors, 8 cameras, proprietary computing system, and optional millimeter-wave radar), the price tag is amazing.

Riders make up about half of the total cost, a Deeproute spokeswoman told TechCrunch. “As the entire supply chain grows and scales[s] If it goes up, we can expect the cost to go down further. “

Two-year-old startups aren’t shy about confronting more mature startups. As mentioned in the Wednesday release, “DeepRoute-Driver 2.0 boasts sophisticated and efficient L4 algorithms, but existing L4 pioneers such as Waymo and Cruise, which are expensive, and Tesla are affordable, It has limited functionality in terms of fully automated driving. “

Chinese sensor makers have been working to reduce the price of LIDAR, which was once expensive, to make it suitable for mass production. Livox created by DJI Is one, Innovation supported by Temasek..

Car roof rider. Photo: Deeproute.ai

Deeproute’s L4 solution uses two Shenzhen-based Robosense lidars as the main lidar for the car roof. The other three LIDAR sensors from Beijing-based ZVision are located on the front, back, left and right of the rear wheels to cover the vehicle’s blind spots. Both Z Vision and Deeproute are backed by Fosun RZ Capital, an affiliated fund of the Chinese conglomerate Fosun Group.

The low price of Deeproute’s L4tech could mean a small benefit to startups. Or it’s squeezing the profits of the supplier who is the founder of the self-driving car startup that he proposed to TechCrunch.

Test drives have shown that Deeproute’s L4 system can navigate traffic during rush hours in downtown Shenzhen to perform tasks such as flexible lane changes, pedestrian concessions, and automatic on or off-ramp merging. increase.

The team behind Deeproute, only two years old, includes a pioneer in the Chinese autonomous driving industry. In 2019, Zhoukou founded Deeproute after being kicked out of the last company Roadstar.ai in the middle of the battle.At the time, Roadstar raised at least $ 140 million from investors, widely Considered a promising player in the field of self-driving cars..

Investors have been supporting Zhou’s new venture. September, startup $ 300 Million Series B Round From Alibaba, Generation Capital, Chinese car makers, Giri and more.

It’s not uncommon to see OEMs and car makers spending money on AV startups in exchange for future production partnerships. For example, Momenta has landed several strategic investments from giants such as: Bosch, Toyota, Daimler..

Deeproute hasn’t officially secured customers for L4 solutions, but startup spokesmen said that some “major automakers” got into cars that were integrated with technology and “they were impressed with their functionality and price.” I received it. “

“We are very positive about the prospect of signing the contract soon,” said a spokesman.

Autonomous driving startup Deeproute.ai prices L4 solution at $10,000 – TechCrunch Source link Autonomous driving startup Deeproute.ai prices L4 solution at $10,000 – TechCrunch

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