NEOLIX completes C+ financing round with 1 billion yuan raised

Beijing (Gasgoo)- Chinese L4 unmanned commercial-use vehicle developer NEOLIX has successfully completed a 1-billion-yuan C+ round financing, supported by several logistics giants and financial investors including China International Capital Corporation (CICC), the company announced on Feb. 20.

Photo credit: NEOLIX

This funding will accelerate NEOLIX's development of its end-to-end autonomous driving model and enhance its delivery and deployment capabilities across more logistics scenarios.

Focusing on L4 unmanned vehicle applications in urban logistics, NEOLIX has introduced three autonomous vehicle models: the X3, X6, and X12, which cater to various load capacities (3m³, 6m³, and 12m³) to meet the logistics needs of e-commerce, fresh food supply chains, and retail sectors.

Up to now, the company has earned "RoboVan" road rights in over 85 cities, representing over 80% of the total licenses issued in China. NEOLIX has delivered nearly 3,000 vehicles and accumulated over 24 million kilometers of autonomous driving distance.

In 2024, it introduced the 4D One Model, an in-house developed L4 autonomous perception large model, further solidifying its leadership in RoboVan algorithms. Moreover, the company built the world's first intelligent factory for L4 unmanned vehicles, with the capability of producing 10,000 vehicles annually. NEOLIX is poised to expand its capacity to meet the rapidly growing demand, with over 20,000 units of orders already secured for 2025.