Thursday, 5 March, 2026
SAIC Mobility Robotaxi valuation hits $1B after series B investment of $148M
By Basit Ansari
<p>SAIC Mobility Robotaxi secured a Series B funding of $148M (RMB 1B) in a Series B funding. The money will be used to expand its robotaxi service in China. The Series B round, which also included Momenta, Gaoheng Management Consulting, and other organisations, was led by SAIC Group. The funding was announced eight months after the two businesses began two 100-day trials in Shanghai and Suzhou.</p>
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