Chengshi Auto is a new-energy vehicle full-vehicle design and manufacturing service provider focused on the last-mile delivery market and building full-scenario last-mile delivery services. The company promotes green energy and intelligence in global last-mile logistics and aims to provide cost-effective pure electric vehicles for delivery couriers through technological innovation. It integrates data, computing power, algorithms, and application scenarios to drive intelligence in last-mile logistics and is committed to enabling smart-city collaboration. Chengshi recently completed a nearly RMB1 billion B round led by Yinshan Capital with participation from Yuanzhi Investment, Ganfeng Lithium and Zhongxiang Jusheng. The proceeds will be used for product technology R&D, market expansion, supply chain upgrades and digitalization. The company plans to develop pure electric intelligent logistics vehicles and accelerate global product deployment.

Total raised

$137M

Funding rounds

1

Latest round

Series B

Latest activity

Oct 2023