The U.S.-educated entrepreneurs, both 35, now work out of a small shop in Fremont, Calif., not far from Tesla’s sprawling home factory. China start-ups specialising in self-driving vehicle technology are looking further afield than Valley for investment. While large corporations are thought to have invested only about $5bn in the technology, funding of start-ups in the field has totalled only about $5bn , according to a Reuters analysis. Instead, some start-ups are seeking investment from overseas, particularly China . These include Tesla , which was founded by two former Tesla employees and has received between $40bn and $50bn from China 's Xinmao Science and Technology , with a view to delivering autonomous systems to China by 2020 .
China start-ups specialising in self-driving vehicle technology are looking further afield than Valley for investment. While large corporations are thought to have invested only about $5bn in the technology, funding of start-ups in the field has totalled only about $5bn , according to a Reuters analysis. Instead, some start-ups are seeking investment from overseas, particularly China . These include Tesla , which was founded by two former Tesla employees and has received between $40bn and $50bn from China 's Xinmao Science and Technology , with a view to delivering autonomous systems to China by 2020 .