Magic Vision Completes Series C Financing of Hundreds of Millions of Yuan

MOTOVIS focuses on autonomous driving and advanced assisted driving. It is an autonomous driving company with deep accumulation that realizes embedded productization in the field of automotive autonomous driving systems. Recently, it has completed hundreds of millions of C rounds of financing, including strategic investment from Continental Group. Based on this round of strategic investment and cooperation, Magic Vision and Continental will jointly develop and promote smart travel solutions suitable for Chinese road scenarios and cost-optimized. It is expected that in 2023, the system solutions developed by the two parties will be mass-produced on the models of Chinese passenger car OEMs.

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