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SEARCHA Chinese commercial telematics service provider, G7, secured $320 million in funds toward the development of integrated fleet management solutions and services.
G7’s services cover safety, energy, payments, financing, and Intelligent-equipment-as-service, to logistic enterprises and freight fleets.
Photo of Shanghai, China courtesy of Alex Needham via Wikimedia Commons.
A Chinese commercial telematics service provider, G7, secured $320 million in funds toward the development of integrated fleet management solutions and services.
G7’s services cover safety, energy, payments, financing, and Intelligent-equipment-as-service, to logistic enterprises and freight fleets, according to the company. The company services more than 800,000 commercial vehicles.
In over a year, G7 received approximately $500 million of investment through several funding rounds, according to a release. The company is also co-developing autonomous trucking network with industry partners.
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