February 23, 2021 – EQ, an autonomous driving technology developer that specializes in trucks for the mining industry, announced that it has secured a Series A financing round co-led by NIO Capital and Eight Roads Ventures China.
Founded in 2018, EQ has richextensive experience in the research and development of mining unmanned driving system within the mining sector and the development of mining truck dispatching monitoring platform. At presentthe time of this report, the company has reached cooperation with many open -pit mining enterprises and engineering companies at home and abroad.