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Radar · Electric Vehicles in Zhejiang

Best Electric Vehicles Companies in Zhejiang, China

The 50 best Electric Vehicles companies in Zhejiang, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Leap Motor.

50companies tracked
$2.5Bdisclosed funding
1unicorns
15have raised
FLIAR INTELLIGENCE · ELECTRIC VEHICLES × ZHEJIANG

Our analysis of 331 Electric Vehicles companies

$42.9b in tracked funding; 71% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2022.

331companies analysed
71%cloud-native stacks
2022funding peak (by rounds)
12unicorns
2019median founding year

Ranked: Best Electric Vehicles companies in Zhejiang

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Leap 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
$1.8B30 mo agoPublicZhu Jiangming
Co-Founder
2015Element UIAnimate.cssVue.js+6——
2A123 Systems
Manufacturer of automotive lithium-ion batteries
$201M170 mo agoPublic—2001Apple iCloud MailBootstrapGSAP+1126 patents
Advanced lithium‑ion battery components: solid‑state electrolytes, high‑energy cells, pre‑lithiated electrodes, separators, and co
2 partnerships
3Time and Space Electric
Developer of electric cars
$159M102 mo agoSeries B—2013———
4Smart
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
$150M34 mo agoLate StageDirk Adelmann
CEO
1994——1 launch
5Kandi Technologies
Developer of multi-category electric vehicles
$85M68 mo agoPublicHu Xiaoming
CEO
2005———
6Doohan
Manufacturer of electric trikes
$62M127 mo agoSeedZu Wang
Co-Founder
2014———
7Newlink Naas
Operator of network providing energy solutions and charging services
$30M44 mo agoPublicYang Wang
Co-Founder
2014PHPanime.jsNginx+9——
8Zjevt.com
Manufacturers of EV battery chargers and other related systems
$16M54 mo agoPublic—2011———
9Hangzhou Synergy Technology
Battery solutions for electric vehicles
$15M60 mo agoSeries B—2012PHPLaravelNginx+8——
10YunMake
Manufacturer of smart bikes
$2M75 mo agoDeadpooledQiu Yiwu’s Weibo
Founder & CEO
2013———

Top 12 Electric Vehicles companies in Zhejiang

#1
Public · Hangzhou, Zhejiang · founded 2015 · 9314 employees
$1.8Braised
▾

Manufacturer of electric cars

Fliar Intelligence Index™ 62how this company ranks against its industry peers
Moat
top 22%
Funding
top 27%
Product
top 27%
News
top 32%
Partners
top 32%
Innovation
top 33%
Moat: Editorial + unicorn rating 6/10 · Unicorn
Funding: Raised $1.8B · 7 rounds over 9 yrs (0.8/yr) · Last round round (Jan 2024)
Product: 3 product launch events in 12 mo, 1 the year before · 1 published app (72.5k installs) · Company stage: Public
Founders & team
Zhu JiangmingCo-FounderFu LiquanCo-Founder
Investors
Stellantis, CICC, SDIC, Yonghua Capital, Shanghai Electric Group, Liepin
Tech stack
CnzzCore-JsElement UiOpen GraphSentrySwiper
#2
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.

Fliar Intelligence Index™ 29how this company ranks against its industry peers
Moat
top 40%
Funding
top 49%
Product
top 50%
Talent
bottom 49%
Global
bottom 45%
Moat: Soonicorn · 10 curated direct competitors tracked
Funding: Raised $150M across 1 rounds · 1 rounds over 3 yrs (0.3/yr) · Last round Unattributed (Sep 2023)
Product: 1 published app (3.1k installs)
Audience (LinkedIn): 26k LinkedIn followers — 24.3% of this cohort's audience
Activity (LinkedIn): 2 product launches announced in 12 mo
Funding rounds
  • Sep 2023Unattributed$150M
Founders & team
Dirk AdelmannCEO
Investors
Tianqi Lithium
#3
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.

Funding rounds
  • Dec 2022Post IPO$30M
Founders & team
Yang WangCo-FounderAlex WuCo-Founder
Investors
GSR United Capital
#4
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.

Funding rounds
  • Nov 2020Post IPO$60M
  • Jan 2019Post IPO$14.5M
  • Feb 2010Post IPO$10M
Founders & team
Hu XiaomingCEO
#5
Public · Zhejiang · founded 2011 · 1281 employees
$15.7Mraised
▾

Manufacturers of EV battery chargers and other related systems. The company develops, manufactures, and sells high-voltage power supply systems for new energy vehicles. It produces on-board chargers, on-board direct current converters, vehicle power integrated products, liquid-cooled supercharged pile power module, and more

Funding rounds
  • Jan 2022Series D$15.7M
  • Series D—
Investors
China Resources Microelectronics, Hongda Hi-Tech Holdings
#6
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 22k LinkedIn followers — 20.7% of this cohort's audience
Activity: 1 product launches · 2 partnerships (incl. Dukosi and Nuvation Energy) announced in 12 mo
Funding rounds
  • May 2012Post IPO$50M
  • Aug 2010Grant (prize money)$2.9M
  • Dec 2009Grant (prize money)$2.9M
  • Dec 2009Grant (prize money)$2.8M
Investors
General Electric, Armilar Venture Partners, DOE, Alliance Capital Ventures, North Bridge Venture Partners, Qualcomm
Tech stack
Apple Icloud MailBootstrapCdnjsCloudflareCloudflare Bot ManagementCore-Js
#7
Series B · Hangzhou, Zhejiang · founded 2012 · 114 employees
$15.5Mraised
▾

Hangzhou BMSer Technology develops battery management technologies for electric vehicles. It is based out of China.

Funding rounds
  • Aug 2021Series B$15.5M
Investors
Lightspeed Venture Partners, Matrix Partners China, Rushan Capital, Puhua Capital, Luminous Ventures, Infinity Group
Tech stack
Font AwesomeGoogle AnalyticsGoogle Font ApiGsapHstsJquery
#8
Series B · Hangzhou, Zhejiang · founded 2013 · 216 employees
$159Mraised
▾

Skio (Shi Kong) is a developer of electric cars. The company develops cars based on its own battery technology and serves as an OEM to many major Chines automakers. The company also provides battery-charging services for electric vehicles. The company was named by E&Y as one of China's most promising businesses in 2015.

Funding rounds
  • Feb 2018Series B$159M
Investors
IDG Capital, Meridian Capital, Tunlan Captial, Dingju Investment, Kunteng Fund
#9
Seed · Hangzhou, Zhejiang · founded 2014
$62Mraised
▾

Doohan is a manufacturer of electric trikes. The trike uses a Panasonic Lithium-ion battery imported from South Korea and gives a mileage of 100 km for one complete charge. The battery weighs 9kgs and can be easily replaced without any need for external help. Offers vehicle-tracking through the app and has anti-theft technology incorporated in it. The company holds 17 patents for this product.

Funding rounds
  • Dec 2015Seed$62M
Founders & team
Zu WangCo-FounderPing JinCo-FounderGuan LiCo-Founder
Investors
Longling Capital, Fenghu Capital, Empower Investment
#10
Deadpooled · Hangzhou, Zhejiang · founded 2013
$1.6Mraised
▾

UMA (YunMake) is a design-driven hardware startup focused on manufacturing short-haul systems. Its core product is smart bicycles with connectivity features as well as smart traveling infrastructure & technologies. The company also builds IoT-enabled charging stations for bicycles. Its bicycles come with an app that can keep track of metrics such as speed, battery, distance traveled, and light control. The app also has social features that allow a user to connect with other riders. The company is backed by Qualcomm, Foxconn, ZhenFund, RiceBank, and several other institutional investors.

Funding rounds
  • Apr 2020Series C—
  • Sep 2016Series B—
  • Oct 2015Series A$1.6M
  • 2014Seed—
Founders & team
Qiu Yiwu’s WeiboFounder & CEO
Investors
Ricebank, Shunwei Capital, Qualcomm Ventures, Zhen Fund, Foxconn Electronics, Ginkgo Valley Capital
Tech stack
Nginx
#11
Seed · Hangzhou, Zhejiang · founded 2021
—raised
▾

Provider of on-demand EV charging services. It develops electric vehicle mobile charging stations designed to provide accessible EV charging stations. The company's technology focuses on charging stations in large vans that drivers can order to charge their vehicle, enabling EV drivers to access mobile EV charging services.

Funding rounds
  • Jul 2022Angel—
Founders & team
Yang HaoFounder
Investors
Lanchi Venture Capital
#12
Seed · Hangzhou, Zhejiang · founded 2020
—raised
▾

Provider of AI-enabled robotic charging solutions for EVs

LinkedIn Pulse recent public activity · Jul 2026
Audience: 165 LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Sep 2021Seed—
Founders & team
Tyson TongFounder and CEO
Investors
Shunwei Capital

Funding & investor landscape

$2.5Btotal disclosed funding
10companies funded
22disclosed rounds
0rounds last 90 days
Most active investors
Ginkgo Valley Capital2 rounds
Qualcomm Ventures2 rounds
Shunwei Capital2 rounds
Alliance Capital Ventures1 rounds
Anfeng Venture Capital1 rounds
Angel Bay Ventures1 rounds
Armilar Venture Partners1 rounds
Arsenal Growth Equity1 rounds
Braemar Energy Ventures1 rounds
CICC1 rounds

Notable founders

Zhu Jiangming
Co-Founder · Leap Motor
Fu Liquan
Co-Founder · Leap Motor
Dirk Adelmann
CEO · Smart
Yang Wang
Co-Founder · Newlink Naas
Alex Wu
Co-Founder · Newlink Naas
Hu Xiaoming
CEO · Kandi Technologies
Zu Wang
Co-Founder · Doohan
Ping Jin
Co-Founder · Doohan
Qiu Yiwu’s Weibo
Founder & CEO · YunMake
Yang Hao
Founder · Blue Carp Energy
Tyson Tong
Founder and CEO · Sator Tech
Zhao Li
Founder · Hangzhou Yugu Technology
Prism market signals · China · country-scoped Prism corpus, 3,755,704 docs

Market landscape — 10 sub-themes by coverage

Share of Electric Vehicles coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH IN ZHEJIANG · Mobility

How research on Electric Vehicles in Zhejiang is moving

A read on the academic research around Electric Vehicles in Zhejiang — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 293 papers.

293 papers · stance +0.60 · 27% breakthrough · 5% concern
breakthrough · advancement · concern
top institutions
  • Zhejiang University199
  • Zhejiang University of Technology27
  • Zhejiang Energy Research Institute12
  • Zhejiang University of Finance and Economics12
  • Zhejiang University of Science and Technology11
leading researchers
Fushuan Wen · Chuangxin Guo · Chuanzi Xu · Feng Wang · Shaopeng Zhu · Xiaoyan Huang
prism intelligence · tone & topics
97% positive · 0% critical tone
TransportationAutomotiveEnergyBusinessArtificial IntelligenceMachine Learning
▲ Breakthroughs76 · 26%
▲ 25%→27% share
▲1.1× share momentum3 median citations72% since 2021mostly methods-led
Breakthroughs are rising (25%→27% of field), led by Battery (electricity).
rising sub-themes (early→recent)
  • Battery (electricity)1→8
  • Automotive engineering2→8
  • Grid1→6
  • Voltage1→6
  • Photovoltaic system1→5
Newly emergingReinforcement learning 0→9 · Charging station 0→9 · Electricity 0→6
Landmark Optimal home energy management system with mixed types of loads · 71 cites
◆ Advancements193 · 66%
▲ 64%→66% share
▲1.0× share momentum3 median citations70% since 2021mostly methods-led
Advancements are rising (64%→66% of field), led by Automotive engineering.
rising sub-themes (early→recent)
  • Automotive engineering8→51
  • Power (physics)4→24
  • Battery (electricity)6→17
  • Torque1→12
  • Grid2→12
Newly emergingElectrical engineering 0→10 · Energy management 0→9 · Renewable energy 0→6
Landmark Electric Vehicle Battery Charging/Swap Stations in Distribution Systems: Comparison Study and Optimal Planning · 511 cites
▼ Concerns14 · 5%
▼ 6%→4% share
▼0.7× share momentum4 median citations57% since 2021mostly empirical
Concerns are cooling (6%→4% of field), led by Grid.
rising sub-themes (early→recent)
  • Grid1→3
Landmark Dynamic Pricing for Electric Vehicle Extreme Fast Charging · 96 cites

Common questions

How many Electric Vehicles companies are there in Zhejiang, China?
Radar tracks 50 indexable Electric Vehicles companies headquartered in Zhejiang, China that meet our profile-completeness bar.
What is the total funding raised by Electric Vehicles companies in Zhejiang, China?
The Electric Vehicles companies in Zhejiang, China on this list have raised a combined $2.5B in disclosed equity funding across 10 funded companies.
Which is the highest-funded Electric Vehicles company in Zhejiang, China?
Leap Motor is the highest-funded Electric Vehicles company in Zhejiang, China, with $1.8B in disclosed equity funding.
How many Electric Vehicles companies in Zhejiang, China are funded?
10 of the 50 Electric Vehicles companies in Zhejiang, China on this list have disclosed at least one equity funding round.
How many Electric Vehicles unicorns are there in Zhejiang, China?
1 Electric Vehicles company in Zhejiang, China on this list is valued at $1B or more.
Who are the top investors in Zhejiang, China Electric Vehicles companies?
The most active investors in Zhejiang, China Electric Vehicles companies on this list include Ginkgo Valley Capital, Qualcomm Ventures, Shunwei Capital, Alliance Capital Ventures, Anfeng Venture Capital.
Rohit KhannaTrends & Stories

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.

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