AutoX isn't new to the scene and has tested in California for the past three years. The company's Chief Operating Officer said its technology "can go in deep" and will be "safe for the public," in confirming its permit application with the publication.
The company plans to use the fresh investment to fuel its continued expansion within its current markets and further develop its mobility ecosystem. MVLLabs also intends to funnel investments into building and delivering new products and services.
The three-year-old company, which is finalizing its Southeast Asia plan, expects to deploy ten autonomous vehicles for early-stage experiments in one market to trial robotaxi and robo-trucking services.