Auto Tech · Zhejiang, India

Best Auto Tech Companies in Zhejiang, China

Updated 2026-06-22 · Ranked by funding & momentum

82 indexable Auto Tech companies headquartered in Zhejiang, China, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $6.7B across 24 funded companies, including 3 unicorns.

82
Companies
$6.7B
Total Funding
24
Funded
3
Unicorns
0
Rounds (90d)

Ranked: Best Auto Tech companies in Zhejiang

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Hong Jing Drive
Developer of autonomous driving software and integrated system solutions
$32.7M Series C Series C Sep 2024 500 2018 ↑ Active
2 Leap Motor Unicorn
Manufacturer of electric cars
$1.8B $1B
as of 2019
Public Jan 2024 9,314 2015
3 Smart
Manufacturer of electric cars
$150M Late Stage Unattributed Sep 2023 1994
4 Cao Cao Unicorn
Online ride-hailing aggregator
$970M $1.6B
as of 2018
Series B Aug 2021 2015
5 Souche Unicorn
O2O-based used car transaction platform
$1.2B Series F Series F Sep 2018 2,000 2012
6 Cao Cao
Online platform offering ride hailing services
$588.7M Series D Sep 2021 2016
7 Kuaidi Dache
Taxi-booking app with tipping ability
$977M Series D Series D May 2015 51 2012
8 Newlink Naas
Operator of network providing energy solutions and charging services
$30M Public Post IPO Dec 2022 611 2014
9 ECARX Holdings
Developer of automotive chips, smart driving, maps, data, and IoT
$200M Series B Series B Feb 2021 2016
10 Kandi Technologies
Developer of multi-category electric vehicles
$84.5M Public Post IPO Nov 2020 840 2005
11 A123 Systems
Manufacturer of automotive lithium-ion batteries
$201.3M Public Post IPO May 2012 886 2001
12 Ningbo Xiaolinggou Travel Technology
Online station-based car rental platform
$96.7M Series A Series A Jun 2020 2006
13 Kzmall
Online retailer of automotive spare parts to repair shops
$76.3M Series B Series B Aug 2019 50 2015
14 Time and Space Electric
Developer of electric cars
$159M Series B Series B Feb 2018 216 2013
15 Zjevt.com
Manufacturers of EV battery chargers and other related systems
$15.7M Public Series D Jan 2022 1,281 2011
16 Fabu Technology
Platform for perception software in autonomous vehicles
$15.4M Series B Series B Aug 2021 16 2017
17 Weacar
Online platform that provides pre-purchase vehicle concierge services
$20.1M Series A Series A Jan 2021 51 2015
18 Hangzhou Synergy Technology
Battery solutions for electric vehicles
$15.5M Series B Series B Aug 2021 114 2012
19 Doohan
Manufacturer of electric trikes
$62M Seed Seed Dec 2015 2014
20 Qibei
Online bike sharing service
$14.4M Series A Series A Jan 2017 2015
21 YunMake
Manufacturer of smart bikes
$1.6M Deadpooled Series C Apr 2020 2013
22 YIBUTRIP
Online platform for booking bus charters & train tickets
$1.5M Seed Seed Mar 2019 2017
23 Hangzhou Vision Technology
Developer of the video navigation app
$1.6M Deadpooled Seed Feb 2018 26 2016
24 Notebike Tec
Developer of autonomous vehicle technologies
$785K Series A Series A Dec 2016 2014
25 Blue Carp Energy
Provider of on-demand EV charging services
Seed Angel Jul 2022 2021
26 Sator Tech
Provider of AI-enabled robotic charging solutions for EVs
Seed Seed Sep 2021 2020
27 Hangzhou Yugu Technology
Provider of IoT-enabled electric vehicle charging platforms
Deadpooled Series A Jun 2021 2009
28 Issks.com
Electric bike charging network
Deadpooled Series B Jan 2021 2014
29 Botan Technology
Manufacturer of electric cars
Series B Series B Jan 2020 2014
30 Hangzhou You Orange Technology
Provider of cloud-driven smart parking management solutions
Series A Series A Oct 2018 21 2015
31 Chongqing Jinhong Automotive Electronics
Developer of automotive embedded electronics & SaaS solutions
Deadpooled Series B Sep 2018 2007
32 GeniusPros Technologies
Vision perception solutions for Al-based applications
Seed Seed Aug 2018 150 2015
33 Haibao
Online auto insurance platform
Series B Series B May 2018 60 2015
34 Jimu Tech
Intelligent parking robot based on autonomous driving technology
Deadpooled Feb 2018 2016
35 Notebike
Smart bike and self driving vehicles developer
Deadpooled Dec 2016 2014
36 SUR-RON
Maker of electric motorcycles
Seed Seed 2016 40 2015
37 FervCloud
Provider of automotive electronics & AR navigation technologies
Seed Angel Sep 2015 2015
38 Sqmall
Online B2B trading platform for auto parts
Seed Seed 2015 200 2015
39 Xiaokupinche
Car pooling app
Deadpooled Angel Dec 2014 2014
40 BlueSky Energy
Manufacturer of EV charging station
Unfunded 1997
41 Bucar
Online consignment model based used car transaction platform
Unfunded 2007
42 Chaoji Electric Technology
Manufacturer of electric bicycle components
Unfunded 1993
43 Dearcc
Electric car manufacturer
Deadpooled 2015
44 Dewin E-Commerce
Provider of technology solutions for optimizing electric vehicle network
Deadpooled 800 2012
45 Easy Vehicle
Manufacturer of personal transport equipment
Unfunded 2003
46 EP Equipment
Manufacturer of lithium-powered warehouse equipment and material handling solutions
Unfunded 1993
47 Frey Electric Bikes
Electric bicycles developer and manufacturer
Deadpooled 2009
48 Hangpai Electric Vehicle
Electric bicycles and other vehicles
Funding Raised 2006
49 Hangzhou Ailida Technology
LiDAR systems for real-time obstacle detection, mapping, and space communication
Deadpooled 2017
50 Hangzhou AODI Electronic Control
Provider of charging equipments
Unfunded 2010

Top 12 Auto Tech companies in Zhejiang

#1
Hong Jing Drive Series C
$32.7M Raised
expand_more
location_onHangzhou, Zhejiang
Founded
2018
Employees
500
Funding raised
$32.7M
Stage
Series C

Developer of autonomous driving software and integrated system solutions. The company provides full-stack autonomous driving solutions. These solutions include sensor selection and placement, and system integration. The company also offers calibration services.

Funding rounds (3 disclosed of 7)
Round Date Amount
Series C Sep 2024 Undisclosed
Series B May 2023 $1.5M
Series B Nov 2022 Undisclosed
Series A Feb 2022 $15.8M
Series A Sep 2021 Undisclosed
Series A May 2021 $15.4M
1 earlier round — sign up free
#2
Leap Motor Unicorn Public
$1.8B Raised
expand_more
location_onHangzhou, Zhejiang
Founded
2015
Employees
9,314
Funding raised
$1.8B
Valuation
$1B · 2019
Stage
Public

Manufacturer of electric cars

Tech stack
cnzzcore-jselement uiopen graphsentryswiper+3
#3
Smart Late Stage
$150M Raised
expand_more
location_onNingbo, Zhejiang
Founded
1994
Funding raised
$150M
Stage
Late Stage

Manufacturer of electric cars. The company develops vehicles with features that includes DC charging, head-up display, and more.

Funding rounds (1 disclosed of 1)
Round Date Amount
Unattributed Sep 2023 $150M
Founders & key people
#4
Cao Cao Unicorn Series B
$970M Raised
expand_more
location_onHangzhou, Zhejiang
Founded
2015
Funding raised
$970M
Valuation
$1.6B · 2018
Stage
Series B

Provider of ride-hailing services designed to provide convenient inter- and intra- urban travel options. The company offers business rides and same-city goods delivery services by employing its own drivers, providing users with economic and convenient transportation options while enabling new energy vehicles drivers to offer transportation services efficiently.

#5
Souche Unicorn Series F
$1.2B Raised
expand_more
location_onHangzhou, Zhejiang
Founded
2012
Employees
2,000
Funding raised
$1.2B
Stage
Series F

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.

Funding rounds (6 disclosed of 6)
Round Date Amount
Series F Sep 2018 $578M
Series E Nov 2017 $335M
Series D Apr 2017 $180M
Series C Nov 2016 $100M
Series B Sep 2013 $14.9M
Series A May 2013 $5.5M
Founders & key people
Tech stack
alibaba cloud cdnant designbabelbaidu analytics (百度统计)core-jsecharts+6
#6
Cao Cao Series D
$588.7M Raised
expand_more
location_onZhejiang, Zhejiang
Founded
2016
Funding raised
$588.7M
Stage
Series D

Online platform offering ride hailing services

#7
Kuaidi Dache Series D
$977M Raised
expand_more
location_onHangzhou, Zhejiang
Founded
2012
Employees
51
Funding raised
$977M
Stage
Series D

Taxi-booking app with tipping ability. The platform allows customers to bid a price they are willing to pay the drivers.

Funding rounds (6 disclosed of 6)
Round Date Amount
Series D May 2015 $142M
Series D Jan 2015 $600M
Series C Oct 2014 $100M
Series B Apr 2014 $25M
Series B Nov 2013 $100M
Series A Apr 2013 $10M
#8
Newlink Naas Public
$30M Raised
expand_more
location_onHuzhou, Zhejiang
Founded
2014
Employees
611
Funding raised
$30M
Stage
Public

Operator of network providing energy solutions and charging services. The organization delivers hardware, software, and related offerings for various applications. These applications include logistics, vehicle fleets, and interfaces. The organization also provides services for vehicle manufacturers and individuals. These services include charging station operation and private charging options.

Funding rounds (1 disclosed of 1)
Round Date Amount
Post IPO Dec 2022 $30M
#9
ECARX Holdings Series B
$200M Raised
expand_more
location_onHangzhou, Zhejiang
Founded
2016
Funding raised
$200M
Stage
Series B

Developer of automotive chips, smart driving, maps, data, and IoT. The company focuses on research and development within the automotive intelligent technology sector. Its offerings include automotive chips, smart driving technology, high-precision maps, big data solutions, and Internet of Things applications.

Funding rounds (1 disclosed of 1)
Round Date Amount
Series B Feb 2021 $200M
Founders & key people
#10
$84.5M Raised
expand_more
location_onJinhua, Zhejiang
Founded
2005
Employees
840
Funding raised
$84.5M
Stage
Public

Kandi Technologies is a developer of multi-category electric vehicles. Its offerings include smart electric cars, ATVs and go-karts.

Funding rounds (3 disclosed of 3)
Round Date Amount
Post IPO Nov 2020 $60M
Post IPO Jan 2019 $14.5M
Post IPO Feb 2010 $10M
Founders & key people
#11
A123 Systems Public
$201.3M Raised
expand_more
location_onHangzhou, Zhejiang
Founded
2001
Employees
886
Funding raised
$201.3M
Stage
Public

Manufacturer of automotive lithium-ion batteries. Its products include lithium-ion batteries for motorsports & commercial vehicles. It also provides services to industrial sectors.

Funding rounds (12 disclosed of 13)
Round Date Amount
Post IPO May 2012 $50M
Grant (prize money) Aug 2010 $2.9M
Grant (prize money) Dec 2009 $2.9M
Grant (prize money) Dec 2009 $2.8M
Grant (prize money) Dec 2009 $133.3M
Grant (prize money) Sep 2009 Undisclosed
7 earlier rounds — sign up free
Tech stack
apple icloud mailbootstrapcdnjscloudflarecloudflare bot managementcore-js+8
#12
$96.7M Raised
expand_more
location_onNingbo, Zhejiang
Founded
2006
Funding raised
$96.7M
Stage
Series A

Xlg offers an online station-based car rental platform. Users can book their ride by providing the location, passenger details, and more. Users can book vehicles by looking at various aspects like vehicle model, price & more. It also offers long-term rental services for users.

Funding rounds (1 disclosed of 1)
Round Date Amount
Series A Jun 2020 $96.7M
Founders & key people

Recent signals in Zhejiang Auto Tech

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Funding & investor landscape

Total raised
$6.7B
across these companies
Companies funded
24
with disclosed funding
Highest-funded
$1.8B raised

Most active investors

Ginkgo Valley Capital Ginkgo Valley Capital 3 investments in Auto Tech Alibaba Group Alibaba Group 2 investments in Auto Tech Angel Bay Ventures Angel Bay Ventures 2 investments in Auto Tech Goldstone Investment Goldstone Investment 2 investments in Auto Tech Lanchi Venture Capital Lanchi Venture Capital 2 investments in Auto Tech Matrix Partners China Matrix Partners China 2 investments in Auto Tech Puhua Capital Puhua Capital 2 investments in Auto Tech Qualcomm Ventures Qualcomm Ventures 2 investments in Auto Tech Rushan Capital Rushan Capital 2 investments in Auto Tech Shunwei Capital Shunwei Capital 2 investments in Auto Tech Zhejiang Huarui Investment Holdings Zhejiang Huarui Investment Holdings 2 investments in Auto Tech 5Y Capital 5Y Capital 1 investment in Auto Tech

Notable founders in Zhejiang Auto Tech

ZJ Zhu Jiangming Co-Founder Leap Motor · $1.8B raised
FL Fu Liquan Co-Founder Leap Motor · $1.8B raised
DA Dirk Adelmann CEO Smart · $150M raised
LS Li Shufu Founder Cao Cao · $970M raised
LJ Liu Jinliang CEO Cao Cao · $970M raised
Yao Junhong Yao Junhong Founder and CEO Souche · $1.2B raised
YW Yang Wang Co-Founder Newlink Naas · $30M raised
AW Alex Wu Co-Founder Newlink Naas · $30M raised
ZS Ziyu Shen CEO ECARX Holdings · $200M raised
HX Hu Xiaoming CEO Kandi Technologies · $84.5M raised
H HuGang Founder & CEO Ningbo Xiaolinggou Travel Technology · $96.7M raised
ZW Zu Wang Co-Founder Doohan · $62M raised

Frequently asked questions

How many Auto Tech companies are there in Zhejiang, China?
Radar tracks 82 indexable Auto Tech companies headquartered in Zhejiang, China that meet our profile-completeness bar.
What is the total funding raised by Auto Tech companies in Zhejiang, China?
The Auto Tech companies in Zhejiang, China on this list have raised a combined $6.7B in disclosed equity funding across 24 funded companies.
Which is the highest-funded Auto Tech company in Zhejiang, China?
Leap Motor is the highest-funded Auto Tech company in Zhejiang, China, with $1.8B in disclosed equity funding.
How many Auto Tech companies in Zhejiang, China are funded?
24 of the 82 Auto Tech companies in Zhejiang, China on this list have disclosed at least one equity funding round.
How many Auto Tech unicorns are there in Zhejiang, China?
3 Auto Tech companies in Zhejiang, China on this list are valued at $1B or more.
Who are the top investors in Zhejiang, China Auto Tech companies?
The most active investors in Zhejiang, China Auto Tech companies on this list include Ginkgo Valley Capital, Alibaba Group, Angel Bay Ventures, Goldstone Investment , Lanchi Venture Capital.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-22.

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