Best Auto Tech Companies in Zhejiang, China
The 82 best Auto Tech companies in Zhejiang, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Leap Motor.
Our analysis of 223 Auto Tech companies
$72.2b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Auto Tech companies in Zhejiang
| # | Company | Disclosed funding | Last round | Founder | Employees | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|
| 1 | Leap Motor 🦄 Manufacturer of electric cars 62Moat top 22%Funding top 27%Product top 27%News top 32% All 12 signals ▾Moattop 22% Fundingtop 27% Producttop 27% Newstop 32% Partnerstop 32% Innovationtop 33% Markettop 39% Growthtop 39% Talenttop 45% Fin. healthbottom 40% Globalbottom 36% Techbottom 32% Moat: Editorial + unicorn rating 6/10 · Unicorn Funding: Raised $1.8B · 7 rounds over 9 yrs (0.8/yr) rank vs industry peers · Fliar Intelligence Index 62/100 | $1.8B | 29 mo ago | Zhu Jiangming Co-Founder | 9,314 | — | — |
| 2 | Souche 🦄 O2O-based used car transaction platform | $1.2B | 93 mo ago | Yao Junhong Founder and CEO | 2,000 | — | — |
| 3 | Kuaidi Dache Taxi-booking app with tipping ability | $977M | 132 mo ago | — | 51 | — | — |
| 4 | Cao Cao 🦄 Online ride-hailing aggregator | $970M | 57 mo ago | Li Shufu Founder | — | 94 patents 5G/6G sidelink and broadcast/multicast resource allocation and network coding | — |
| 5 | Cao Cao Online platform offering ride hailing services | $589M | 57 mo ago | — | — | 94 patents 5G/6G sidelink and broadcast/multicast resource allocation and network coding | — |
| 6 | A123 Systems Manufacturer of automotive lithium-ion batteries | $201M | 168 mo ago | — | 886 886 → 580 (-35%) | 26 patents Advanced lithium‑ion battery components: solid‑state electrolytes, high‑energy cells, pre‑lithiated electrodes, separators, and co | 2 partnerships |
| 7 | ECARX Holdings Developer of automotive chips, smart driving, maps, data, and IoT | $200M | 63 mo ago | Ziyu Shen CEO | — | — | — |
| 8 | Time and Space Electric Developer of electric cars | $159M | 100 mo ago | — | 216 | — | — |
| 9 | Smart Manufacturer of electric cars 29Moat top 40%Funding top 49%Product top 50%Talent bottom 49% All 5 signals ▾Moattop 40% Fundingtop 49% Producttop 50% Talentbottom 49% Globalbottom 45% Moat: Soonicorn · 10 curated direct competitors tracked Funding: Raised $150M across 1 rounds · 1 rounds over 3 yrs (0.3/yr) rank vs industry peers · Fliar Intelligence Index 29/100 | $150M | 33 mo ago | Dirk Adelmann CEO | — | — | 1 launch |
| 10 | Ningbo Xiaolinggou Travel Technology Online station-based car rental platform | $97M | 72 mo ago | HuGang Founder & CEO | — | — | — |
| 11 | Kandi Technologies Developer of multi-category electric vehicles | $85M | 67 mo ago | Hu Xiaoming CEO | 840 | — | — |
| 12 | Kzmall Online retailer of automotive spare parts to repair shops | $76M | 82 mo ago | — | 50 | — | — |
| 13 | Doohan Manufacturer of electric trikes | $62M | 126 mo ago | Zu Wang Co-Founder | — | — | — |
| 14 | Hong Jing Drive Developer of autonomous driving software and integrated system solutions | $33M | 21 mo ago | — | 500 | — | — |
| 15 | Newlink Naas Operator of network providing energy solutions and charging services | $30M | 42 mo ago | Yang Wang Co-Founder | 611 | — | — |
| 16 | Weacar Online platform that provides pre-purchase vehicle concierge services | $20M | 65 mo ago | — | 51 | — | — |
| 17 | Zjevt.com Manufacturers of EV battery chargers and other related systems | $16M | 53 mo ago | — | 1,281 | — | — |
| 18 | Hangzhou Synergy Technology Battery solutions for electric vehicles | $15M | 58 mo ago | — | 114 | — | — |
| 19 | Fabu Technology Platform for perception software in autonomous vehicles | $15M | 58 mo ago | — | 16 | — | — |
| 20 | Qibei Online bike sharing service | $14M | 113 mo ago | Zhou Haiyou CEO | — | — | — |
| 21 | YunMake Manufacturer of smart bikes | $2M | 73 mo ago | Qiu Yiwu’s Weibo Founder & CEO | — | — | — |
| 22 | Hangzhou Vision Technology Developer of the video navigation app | $2M | 100 mo ago | Yu Honglei CEO | 26 | — | — |
| 23 | YIBUTRIP Online platform for booking bus charters & train tickets | $1M | 87 mo ago | Zhao Jie CEO | — | — | — |
| 24 | Notebike Tec Developer of autonomous vehicle technologies | $785K | 114 mo ago | Lin Qiao Co-Founder | — | — | — |
Top 12 Auto Tech companies in Zhejiang
#1
Series C · Hangzhou, Zhejiang · founded 2018 · 500 employees$32.7Mraised▾
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.
- Sep 2024Series C—
- May 2023Series B$1.5M
- Nov 2022Series B—
- Feb 2022Series A$15.8M
#2
Public · Hangzhou, Zhejiang · founded 2015 · 9314 employees$1.8Braised▾
Manufacturer of electric cars
#3
Late Stage · Ningbo, Zhejiang · founded 1994$150Mraised▾
Manufacturer of electric cars. The company develops vehicles with features that includes DC charging, head-up display, and more.
- Sep 2023Unattributed$150M
#4
Cao Cao 🦄Series B · Hangzhou, Zhejiang · founded 2015$970Mraised▾
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 🦄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
#6
Series D · Zhejiang · founded 2016$588.7Mraised▾
Online platform offering ride hailing services
#7
Series D · Hangzhou, Zhejiang · founded 2012 · 51 employees$977Mraised▾
Taxi-booking app with tipping ability. The platform allows customers to bid a price they are willing to pay the drivers.
- May 2015Series D$142M
- Jan 2015Series D$600M
- Oct 2014Series C$100M
- Apr 2014Series B$25M
#8
Public · Huzhou, Zhejiang · founded 2014 · 611 employees$30Mraised▾
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.
- Dec 2022Post IPO$30M
#9
Series B · Hangzhou, Zhejiang · founded 2016$200Mraised▾
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.
- Feb 2021Series B$200M
#10
Public · Jinhua, Zhejiang · founded 2005 · 840 employees$84.5Mraised▾
Kandi Technologies is a developer of multi-category electric vehicles. Its offerings include smart electric cars, ATVs and go-karts.
- Nov 2020Post IPO$60M
- Jan 2019Post IPO$14.5M
- Feb 2010Post IPO$10M
#11
Public · Hangzhou, Zhejiang · founded 2001 · 886 employees$201.3Mraised▾
Manufacturer of automotive lithium-ion batteries. Its products include lithium-ion batteries for motorsports & commercial vehicles. It also provides services to industrial sectors.
- May 2012Post IPO$50M
- Aug 2010Grant (prize money)$2.9M
- Dec 2009Grant (prize money)$2.9M
- Dec 2009Grant (prize money)$2.8M
#12
Series A · Ningbo, Zhejiang · founded 2006$96.7Mraised▾
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.
- Jun 2020Series A$96.7M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Auto Tech 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 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
- Spoofing attack2
- Computer vision2
- Risk analysis (engineering)2
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.