# CDTL

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Hangzhou, China
- Website: www.cdtlev.com
- Latest round: Series A (Mar 9, 2023)
- Investors on record: 2

## About

Founded in 2018 and based in Hangzhou, China, CDTL is a manufacturing company focusing on the production and sales of auto parts and related components of new energy vehicles. It was recognized as the National High-tech Enterprises. The company acquired certifications such as TUV IATF16949 system, E-mark, etc. CDTL has applied for more than 100 patents in the field of distributed drive system for new energy vehicles. Its technical team has more than 20 years of experience in the field of wire control chassis for new energy vehicles. Xunqiang Luo, the general manager of the company, is also the general manager of Ningde Contemporary Drive Technology Co.,Ltd. In May 2024, CDTL closed a series A+ funding.

CDTL mainly engages in the research, development, production, and sales of chassis architecture actuation systems and related products. Its products can be categorized into Distributed Drive, EMB Brake, and Wire-controlled chassis. Distributed Drive includes 13T wheel side motor axle and 9T independent suspension wheel side motor axle, etc., which apply technologies such as electronic differential, EASR (Electronic Acceleration Slip Regulation), etc. Products can be used in buses, coaches, heavy trucks, rail transportation and other fields.

The company generates revenue by selling chassis architecture actuation systems.

The company plans to launch its Series B financing.

## Funding rounds

- Series A, Mar 9, 2023 — Jianxin Guomao (Xiamen) Equity Investment Management, Industrial Securities Capital

## Investors

- Jianxin Guomao (Xiamen) Equity Investment Management (https://capitalatlas.ai/funds/jianxin-guomao-xiamen-equity-investment-management) — Series A
- Industrial Securities Capital — Series A
