Best Auto Companies in Hangzhou, China
The 36 best Auto companies in Hangzhou, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Souche.
Our analysis of 256 Auto companies
$29.3b in tracked funding; 77% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
Ranked: Best Auto companies in Hangzhou
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Souche 🦄 O2O-based used car transaction platform | $1.2B | 96 mo ago | Series F | Yao Junhong Founder and CEO | 2012 | JavaEChartsAnt Design+6 | — | — |
| 2 | Geely Manufacturer of vehicles and parts | $200M | 13 mo ago | Series D | Li Shufu Founder | 2016 | Node.jsTailwind CSSEnvoy+7 | — | 1 partnership |
| 3 | Go&Up Automation Manufactures, supplies and tests automotive components | $26M | 76 mo ago | Deadpooled | Zhang Zhigang Founder & President | 2017 | — | — | — |
| 4 | Zhejiang Jiuzi New Energy Automobile Manufacturer of electric car, fire trucks, and other vehicles | $2M | 7 mo ago | Public | Shuibo Zhang CEO | 2017 | — | — | — |
| 5 | Haibao Online auto insurance platform | — | 100 mo ago | Series B | — | 2015 | — | 3 patents Patents concentrated in its core technology | — |
| 6 | Sqmall Online B2B trading platform for auto parts | — | 135 mo ago | Seed | — | 2015 | — | — | — |
| 7 | Bucar Online consignment model based used car transaction platform | — | — | Unfunded | Dave Bucar Co-Founder | 2007 | — | — | — |
| 8 | CXJ Group Company engaged in the trading of automobile and electronics products | — | — | Unfunded | Lixin Cai CEO | 1998 | — | — | — |
Top 7 Auto companies in Hangzhou
#1
Series D · Hangzhou, Zhejiang · founded 2016$200Mraised▾
Manufacturer of vehicles and parts
- Jul 2025Series D$200M
#2
Public · Hangzhou, Zhejiang · founded 2017$2.5Mraised▾
Manufacturer of electric car, fire trucks, and other vehicles
- Jan 2026Post IPO$30M
- Dec 2021Post IPO$2.5M
#3
Souche 🦄Series F · Hangzhou, Zhejiang · founded 2012 · 2000 employees$1.2Braised▾
Souche is an O2O-based used car transaction platform. Based on the buyer's specification of the price range, model, etc, suitable cars are listed with their detailed information. Once the buyer picks the car, Souche provides a professional examination and the buyer can observe the car in its consignment facility. It helps the buyer and seller bargain online to make a deal and also provides after-sale services.
- Sep 2018Series F$578M
- Nov 2017Series E$335M
- Apr 2017Series D$180M
- Nov 2016Series C$100M
#4
Deadpooled · Hangzhou, Zhejiang · founded 2017$26Mraised▾
Manufactures, supplies and tests automotive components
#5
Series B · Hangzhou, Zhejiang · founded 2015 · 60 employees—raised▾
Hangzhou Dayu Network Technology Co. Ltd. (Haibao) is an online auto insurance platform. Users need to provide their basic information to get quotes from multiple insurers and they can make payment via debit or credit card. They also have a mobile app for Android & iOS.
- May 2018Series B—
- Series A—
#6
Seed · Hangzhou, Zhejiang · founded 2015 · 200 employees—raised▾
Sqmall is an online B2B marketplace for trading auto parts. Provides domestic and imported auto parts for garages. Has a mobile app for android platform and claims to be in plans to launch iOS app soon as of June 2016. Claims to have raised $1.92M in seed round of funding from In Capital in 2015.
- 2015Seed—
#7
Public · Hangzhou, Zhejiang · founded 1986 · 80000 employees$13Braised▾
Brand of passenger cars
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Auto coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Autonomous Vehicles in Hangzhou is moving
A read on the academic research around Autonomous Vehicles in Hangzhou — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 41 papers.
- Hangzhou Dianzi University12
- Changzhou Institute of Technology6
- Hangzhou City University6
- Changzhou University5
- Hangzhou Wanxiang Polytechnic4
- Object detection5
- Robustness (evolution)3
- Feature (linguistics)3
- Perception3
- Inference3
- Field (mathematics)2
- Human–computer interaction2
- Sensor fusion2
- Perception2
- Artificial neural network2
- Platoon1
- Cooperative Adaptive Cruise Control1
- Cruise control1
- Stability (learning theory)1
- Collision1
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.