- July 5, 2021
- Posted by: Stratford Team
- Category: Business
BEIJING–(BUSINESS WIRE)–An intelligent transportation project with investment of 500 million yuan (nearly $80 million) is now being carried out in Hengyang City, Hunan Province, the hinterland of China. Mogo Auto Intelligence and Telemetics Information Technology Co., Ltd., an autonomous driving tech start-up headquartered in Beijing, is in charge of the project. Local media reports that “the company will provide a one-stop solution covering intelligent road construction, self-driving vehicle upgrade and smart city transportation platform operation in cloud management.” Hengyang City is one of China’s transportation hubs with multiple major highways and railways crossing there.
This could be the world’s largest autonomous driving project. With a designed mileage of 200 kilometers, it has been the largest one among all L4-level autonomous driving projects released worldwide. There will be a 38-kilometer-long intelligent road…
