# Ecar Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ecar-tech

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Shanghai, China
- Website: www.ecar.com
- Latest round: Series A (Jan 27, 2022)
- Investors on record: 3

## About

Established in 2017 and based in Shanghai, China, Ecar Tech operates as an unmanned driving equipment provider focusing on the research and development of unmanned car wire-controlled chassis. In 2019, it launched two mass production platforms, X-80, X-100, X-120 and X-150. In 2020, its actual miles driven exceed 500,000 kilometres. In 2021, it launched unmanned retail vehicles. In 2022, it launched unmanned patrol vehicles and unmanned sweepers. In September 2024, the company raised CNY 200 million in strategic investment.

The company provides the development and manufacturing of wire-controlled chassis for driverless vehicles and custom development services, which adopt wire-control technology and domain control electronic and electrical architecture. The products include smart logistics, smart sanitation, smart information procurement, smart charging, and smart business. The smart logistics include wire-controlled chassis and logistics vehicle. The unmanned car wire-controlled chassis suits unmanned express delivery, takeaway, security patrol, factory logistics, cleaning and new retail, etc.

The company generates revenue by providing wire-controlled chassis for driverless vehicles and custom development services.

The company will complete the construction of a smart manufacturing plant in Nanjing in the second quarter of 2025, and use the strategic investment funding for smart factory construction and capacity expansion.

## Funding rounds

- Series A, Jan 27, 2022 — Cherish Capital, Fenxin Capital, Silicon Harbour
- Angel, Dec 13, 2019 — Cherish Capital

## Investors

- Cherish Capital (https://capitalatlas.ai/funds/cherish-capital) — Angel, Series A
- Fenxin Capital (https://capitalatlas.ai/funds/fenxin-capital) — Series A
- Silicon Harbour (https://capitalatlas.ai/funds/silicon-harbour) — Series A
