The retail car was over-raised and completed the B round of financing, with a financing amount of 4.3 billion yuan.

Recently, we learned from relevant channels that Zhejiang Zero Run Technology Co., Ltd. announced the B round of financing, with a financing amount of 4.3 billion yuan and over-raised more than 654.38+0 billion yuan. This B round of financing will be used for the investment of Zero Run Technology in product research and development, channel layout and brand promotion.

It is reported that strategic investors in this round of financing include SDIC Chuangyi and Zhejiang University Jiuyonghua Capital. Fu Liquan, chairman of Dahua Co., the founding shareholder of Zero Run Automobile, and Zhu, founder and chairman of Zero Run Automobile, continued to increase their holdings. Since the establishment of 20 15, Zero Run Technology has completed several rounds of financing, with investors including Sequoia Capital, CRRC Capital, Shanghai Electric and other institutions.

In addition, it is worth mentioning that Zero Run Technology also signed a strategic cooperation agreement with Hefei City, Anhui Province, and the Hefei government investment platform also participated in the B round of financing of Zero Run Technology. The two sides plan to carry out more cooperation in the future.

Regarding the cooperation agreement between Zero Run Automobile and Hefei City, the relevant person in charge of Zero Run Automobile recently told the media: "After reaching a cooperation agreement with Hefei Municipal Government, Zero Run will establish a second factory in Hefei." It is understood that after the plant is put into production, the production capacity will reach the level of annual output of 200,000 new energy vehicles.