Qingcheng Era, a technology-driven electric vehicle startup, has secured approximately 500 million RMB in a Pre-A funding round to accelerate the mass production of its innovative model, VC.
Target Information
Qingcheng Era, a prominent investment by Creation Venture, is a technology-driven mobility company focused on integrating intelligent technologies with commercial wisdom. Founded in June 2021 and headquartered in Shenzhen, China, the company aims to enhance the automotive experience for consumers by offering innovative electric vehicles (EVs) and a broad ecosystem that makes travel enjoyable and convenient. Qingcheng Era possesses comprehensive capabilities, including vehicle research and development, design, electric systems, autonomous driving, smart connectivity, and operational ecosystem management.
The company has recently completed a Pre-A funding round, raising approximately 500 million RMB. This funding will primarily support the mass production delivery of its first electric vehicle, the VC, along with advancing core technologies like automation and customization.
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Industry Overview in China
The electric vehicle industry in China continues to flourish, bolstered by robust government subsidies and regulations aimed at fostering innovation in clean energy vehicles. As the world's largest EV market, China has seen a significant influx of new pla
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