# XTEV

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Chongqing, China
- Website: www.xtev.com
- Latest round: Angel (Aug 31, 2020)
- Investors on record: 2

## About

Based in Chongqing, China and founded in 2019, XTEV is a manufacturer of new energy vehicles and auto parts. Previously, the main business entity of the company was Gui'an New Area Xinte Electric Vehicle Industry, the trial production workshop in Gui'an new area was closed in April 2019. In August 2021, the company raised at least RMB 100 million in series A funding from Shanghai Hemu Technology.

The company's product Young Guangxiaoxin is a pure electric automobile with five door and four seats, the range of the car is 402 km, and the price between 59800-65800 yuan. The company also provides DTC mode online, combining online operation of social platform, e-commerce platform and brand platform with offline experience.

In the future, the automobile will develop from A0 to A00 and A, and it will also provides intelligent pure electric services. In 2021, the company will cooperate with 50 dealers in 100 cities.

## Funding rounds

- Angel, Aug 31, 2020 — CDH Investments, China Bridge

## Investors

- CDH Investments (https://capitalatlas.ai/funds/cdh-investments) — Angel
- China Bridge (https://capitalatlas.ai/funds/china-bridge) — Angel