Zeron Raises $70M to Scale China's Autonomous EV Trucks

Zeron, a Chinese electric truck manufacturer specializing in autonomous driving technologies, has raised 500 million yuan (approximately US$70 million) in its Series A funding round.

The round was co-led by Momenta, a leading autonomous driving firm, along with Xinghang Venture Capital and Chentao Capital. Other participants include a diverse lineup of institutional investors such as Guofa Wenxin, Loudong Industrial Fund, Deying Capital, Xinjing Fuying, Vision Plus Capital, Caitong Capital, Ondine Capital, and existing backer Skyview Fund. The broad investor participation underscores growing confidence in China’s electric and autonomous vehicle ecosystem, fueled by the global push for sustainable logistics and smarter mobility solutions.

Key Highlights

• Mass production of R&D platforms
• Large-scale deployment of autonomous trucks
• Expansion in China’s smart logistics sector

The newly raised capital will be used to scale mass production of Zeron’s R&D platforms and accelerate the large-scale deployment of autonomous trucks. This aligns with China’s broader goals to lead in next-generation transportation, particularly in commercial logistics, where automation and clean energy adoption are rapidly transforming fleet operations.

Founded to revolutionize the commercial vehicle space, Zeron integrates self-driving capabilities directly into electric trucks, offering advanced logistics solutions designed for efficiency, safety, and sustainability. By bridging electric mobility with autonomous technology, Zeron aims to reduce both carbon emissions and operational costs in long-haul and urban delivery networks.

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As demand for autonomous logistics and EV adoption grows across Asia, Zeron is strategically positioned to become a frontrunner in the smart freight and commercial EV market. With robust financial backing and industry-aligned partnerships, the company is poised to play a key role in redefining transportation infrastructure in China and beyond.