# Aiways

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aiways

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Shanghai, China
- Website: www.ai-ways.com
- Total disclosed funding: $322M
- Latest round: Series B (May 29, 2019)
- Investors on record: 2

## About

Based in Shanghai, China and established in 2017, Aiways is a smart electric car manufacturer that focuses on smart electric car. In 2018, the company changes its name from Jiangxi Aichi Yiwei Industrial to Shanghai Aichi Yiwei Technology. In 2020, it launched AIWAYS U5 2021. The company’s technical team has 671 employees, including 95 employees in the artificial intelligence team.

The company engages in the research and development of smart electric car. The company's products include smart cars U5, U6 and U7 ion. In 2020, the company has sold 2,600 smart cars in the Chinese market.

## Funding rounds

- Series B, May 29, 2019, $145M — Mingde Boya Investment Management
- Angel, Oct 27, 2016, $177M — Tencent Investment

## Investors

- Tencent Investment — Angel
- Mingde Boya Investment Management (https://capitalatlas.ai/funds/mingde-boya-investment-management) — Series B