Orient Motion has successfully completed a 200 million yuan Pre-A+ financing round with investment from INCE Capital, positioning itself as a key player in the electromechanical drive-by-wire chassis systems sector.

Overview of Orient Motion

Orient Motion, a recently established enterprise founded in 2023, has made significant strides in the realm of pure electromechanical drive-by-wire chassis systems. The company identifies itself as a Tier 0.5 system solution provider within this niche market. In a remarkable feat, Orient Motion was able to complete its first prototype development just six months after its inception. This milestone allowed the company to conduct successful on-vehicle testing of its entire EMB (electromechanical brake) system, which includes the EMB actuator, electronic control pedal, and domain controller. These tests verified all dynamic functions, thereby establishing a new industry benchmark.

By May of this year, Orient Motion launched its three-way integrated electronic control chassis architecture, reinforcing its innovative approach and commitment to advancing brake-by-wire technology. Over its two years of operation, the company has leveraged its rapid development capabilities to raise a total of 400 million yuan, setting a record for financing in the EMB sector.

Industry Overview in China

The drive-by-wire technology sector in China is experiencing exponential growth as the automotive industry progressively leans towards automation and electrification. With the demand for electric vehicles (EVs) surging, the need for advanced chassis systems that promote en