# DEEPAL

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Chongqing, China
- Website: www.deepal.com.cn
- Total disclosed funding: $1.2B
- Latest round: Series B (Jan 18, 2022)
- Investors on record: 13

## About

Based in Chongqing, China and founded in 2018, Deepal Automotive Technology Co., Ltd., trading under the name DEEPAL, formerly known as Chongqing Changan New Energy Vehicles Technology Co., Ltd. is a developer of new energy vehicles and automotive parts. The company was formed by Chongqing Changan Automobile Company Limited based on the latter's new energy division. In April 2023, the brand DEEPAL was launched, and the company changed its name to Deepal Automotive Technology Co., Ltd. DEEPAL has established a global research and development (R&D) layout comprising six countries and ten centers, including China, the United States, Germany, the United Kingdom, Japan, and Italy.

In December 2025, DEEPAL raised CNY 6.12 billion in series C funding from new investors Chongqing Yufu Holding and China Merchants Bank and returning investor Chongqing Changan Automobile Company Limited.

Deepal Automotive Technology Co., Ltd., primarily engages in the production and sales of new energy passenger vehicles, including all-electric cars and range extended electric vehicles. The company generates revenue from sales of new energy passenger vehicles.

## Funding rounds

- Series B, Jan 18, 2022, $782M — China International Capital Corporation, China South Industries Assets Management, Southern Industrial Capital, Xinda Hanshi Capital, Changan, BOCOM Capital Management, Deqing Capital, Chongqing Chengyun Enterprise Management, Chongqing Xindong Weilai Enterprise Management Consulting, Southern Jianxin Investment
- Series A, Dec 3, 2019, $403M — Liangjiang Capital, Southern Industrial Capital, Yufu Capital, Nanjing Runke Industry Investment

## Investors

- Liangjiang Capital — Series A
- Southern Industrial Capital (https://capitalatlas.ai/funds/southern-industrial-capital) — Series A, Series B
- Yufu Capital (https://capitalatlas.ai/funds/yufu-capital) — Series A
- Nanjing Runke Industry Investment — Series A
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series B
- China South Industries Assets Management — Series B
- Xinda Hanshi Capital (https://capitalatlas.ai/funds/xinda-hanshi-capital) — Series B
- Changan — Series B
- BOCOM Capital Management — Series B
- Deqing Capital (https://capitalatlas.ai/funds/deqing-capital) — Series B
- Chongqing Chengyun Enterprise Management — Series B
- Chongqing Xindong Weilai Enterprise Management Consulting — Series B
- Southern Jianxin Investment (https://capitalatlas.ai/funds/southern-jianxin-investment) — Series B