Best Auto Companies in Zhejiang, China
The 108 best Auto companies in Zhejiang, 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 Zhejiang
| # | 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 | 93 mo ago | Series F | Yao Junhong Founder and CEO | 2012 | JavaEChartsAnt Design+6 | — | — |
| 2 | Geely Manufacturer of vehicles and parts | $200M | 11 mo ago | Series D | Li Shufu Founder | 2016 | Node.jsTailwind CSSEnvoy+7 | — | 1 launch · 2 partnerships · 1 expansion |
| 3 | SORL Manufacturer and supplier of brake systems to OEMs and aftermarket | $77M | 58 mo ago | Acquired | Xiao Ping Zhang Chairman & CEO | 1987 | PHPjQueryGoogle Analytics | — | — |
| 4 | Kzmall Online retailer of automotive spare parts to repair shops | $76M | 82 mo ago | Series B | — | 2015 | — | — | — |
| 5 | Gold MT Provider of intelligent manufacturing solutions and digital equipment | $55M | 25 mo ago | Series B | — | 2017 | — | — | — |
| 6 | Zhejiang Jonway Automobile Brand of passenger cars | $29M | 191 mo ago | Acquired | — | 2003 | — | — | — |
| 7 | Go&Up Automation Manufactures, supplies and tests automotive components | $26M | 73 mo ago | Deadpooled | Zhang Zhigang Founder & President | 2017 | — | — | — |
| 8 | Mismi Manufacturer and supplier of automotive lighting system components | $12M | 159 mo ago | Deadpooled | Andrew Bieler Co-Founder | 2007 | — | — | — |
| 9 | Zhejiang Jiuzi New Energy Automobile Manufacturer of electric car, fire trucks, and other vehicles | $2M | 4 mo ago | Public | Shuibo Zhang CEO | 2017 | — | — | — |
| 10 | Max-inf Manufacturer of car seats | — | 65 mo ago | Acquired | — | 2006 | — | 67 patents Advanced child automotive safety seats with adjustable positioning and side-impact protection | — |
Top 12 Auto companies in Zhejiang
#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
Series B · Changxing, Zhejiang · founded 2017 · 330 employees$55.4Mraised▾
Provider of intelligent manufacturing solutions and digital equipment. This company offers complete solutions for intelligent manufacturing, encompassing areas such as automotive parts automation (both traditional and new energy vehicles), body and parts welding, industrial standard equipment, precision machining, testing and R&D, and digitalization. They develop and produce automated production lines and provide software and hardware integrated systems for digital management. The focus is on delivering efficient and reliable solutions to clients in various sectors, including automotive, medical, and semiconductor industries.
- May 2024Series B$55.4M
#4
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
#5
Acquired · Wenzhou, Zhejiang · founded 1987 · 6756 employees$77Mraised▾
SORL Auto Parts is a manufacturer, supplier, and exporter of brake systems to OEMs and aftermarket. The company manufactures components such as brake systems, tubes and fittings, abs and diagnosis, power steering pumps, hydraulic brake parts, air supply, air protection, air storage, conventional brake control, brake master cylinder, brake wheel cylinder, clutch master cylinder, combination switch, alternator and motor, and power switch for trucks and buses. Has customers such as Volvo, Kamaz, Ashok Leyland, TATA, GAZ and more. Also caters to industries such as hydraulic, electrical, energy and railways.
- Aug 2021Post IPO$77M
#6
Series B · Jinhua, Zhejiang · founded 2015 · 50 employees$76.3Mraised▾
Kzmall (Fast Commuter) is an online retailer of automotive spare parts to repair shops and dealers. Sells products across various categories including oil, ignition system, cooling system, drive system, fuel supply system, braking system, electrical system, and many more. Claims to have 400+ service stations serving more than 50K repair shops.
- Aug 2019Series B$60M
- Aug 2018Series A$733K
- Jan 2018Series A$11.1M
- Aug 2017Seed$4.5M
#7
Deadpooled · Hangzhou, Zhejiang · founded 2017$26Mraised▾
Manufactures, supplies and tests automotive components
#8
Acquired · Taizhou, Zhejiang · founded 2003 · 800 employees$29Mraised▾
Brand of passenger cars
- Jul 2010Unattributed$29M
#9
Deadpooled · Jiaxing, Zhejiang · founded 2007$11.7Mraised▾
Manufacturer and supplier of automotive lighting system components
- Feb 2013Series A$1M
- Dec 2012Series A$2.4M
- Jul 2011Series A$3.9M
- Apr 2010Seed$1.6M
#10
Acquired · Ningbo, Zhejiang · founded 2006 · 313 employees—raised▾
Manufacturer of child restraint systems. The company manufactures a full range of child car seats that meet various international standards. The company also manufactures and retails its own brand Baby First and is the exclusive distributor for Britax Products in China.
- Jan 2021Seed—
#11
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—
#12
Public · Wenzhou, Zhejiang · founded 1985 · 2336 employees—raised▾
Manufacturer and supplier of automotive components
- 2016PE—
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 Zhejiang is moving
A read on the academic research around Autonomous Vehicles in Zhejiang — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 175 papers.
Zhejiang University and affiliates optimistically advance autonomous vehicle safety, traffic control, and neural network-driven path planning across 165 recent papers.
- Zhejiang University88
- Zhejiang University of Technology24
- Zhejiang University of Science and Technology19
- Zhejiang Lab19
- Zhejiang Sci-Tech University14
- Computer vision1→16
- Motion planning2→5
- Trajectory1→6
- Automotive engineering1→6
- Transport engineering1→4
- Tracking (education)1→3
- Lidar3
- Computer security3
- Risk analysis (engineering)2
- Spoofing attack2
- Computer vision2
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.