[4] In March 2021, the company released the Inceptio Autonomous Driving System "XUANYUAN", a comprehensive proprietary platform geared towards mass production.
[5] In August 2021, Inceptio Technology raised $270 million in a Series B round led by JD Logistics, Meituan, and private equity firm PAG.
In December 2021, Inceptio Technology completed its inaugural Level 4 (L4) automated truck road test, operating without a driver on a closed highway.
[9] In June 2022, Inceptio Technology became the first company in China to receive a permit from the Chinese government to test L4 autonomous heavy-duty trucks on public roads.
[11] It uses chips manufactured by Horizon Robotics and Ambarella Inc.[12][13] Current customers include Jinxin Logistics,[14] Nestle,[15] Budweiser Brewing,[16] and Kuayue Express.
[18] In August 2023, Inceptio Technology announced it had achieved 50 million kilometers of commercial operations, and confirmed that its autonomous driving features are available on 100% of China’s National Trunk Highway System.