Last deal

$70.6M
Local Amount - CNY 500M

Amount

Series B

Stage

05.12.2023

Date

4

all rounds

$100.4M

Total amount

General

About Company
Tongyu Automotive is a Chinese company that develops intelligent driving systems for the autonomous driving industry.

Industry

Sector :

Subsector :

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Also Known As

同驭汽车科技, 上海同驭汽车科技有限公司, Tongyu Qiche Keji

founded date

09.09.2016

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The company specializes in the research, development, and industrialization of braking systems for drive-by-wire chassis. Their products are used in various vehicles, including passenger cars, commercial vehicles, unmanned cars, and specialized vehicles. Tongyu Automotive was founded in 2016 and is based in Jiading, China. They focus on developing electro-hydraulic braking systems, autonomous emergency braking systems, brake energy recovery systems, and advanced driving assistance systems to meet the needs of intelligent and electrified automobiles.