UCAR Technology
UCAR Technology, established in 2015 and headquartered in Tianjin, China, is a prominent provider of chauffeured car services. The company operates an on-demand car-hailing platform that connects customers with local licensed drivers through their smartphones. UCAR combines mobile internet technology, big data, and a fleet of quality rental vehicles to ensure safe and standardized transportation. The company's services include both chauffeured car options and vehicle rentals, with a focus on driver qualifications and vehicle conditions. UCAR employs advanced technologies to monitor driver behavior, ensuring privacy protection and efficient response to accidents, thereby enhancing the overall customer experience.
BORGWARD
Acquisition in 2019
Borgward Group AG is a German automobile brand which has been acquired by BAIC Group (Beijing Automotive Industry Holding Co.), one of the top-5 largest car OEM in China. It has started its business with a fleet of SUVs created with German design and engineering. With sales increasing in China and European countries, Borgward R&D Silicon Valley has recently opened in Sunnyvale, CA and our mission is to build the best AD and AI technology and deliver them to our production vehicles for an enhancement of safety in terms of self-driving, as well as user experience of our cars.
Chexingyi
Series B in 2018
Chexingyi is a mobile Internet service enterprise that provides one-stop car life service for car owners.
AutocloudPro
Series C in 2018
The "CarTongyun" intelligent maintenance platform provides accurate information through its comprehensive database. The system covers nearly 2,500 vehicles, including imported, autonomous, joint venture vehicles, and nearly 150,000 vehicle types. At present, more than 80% of the models required by the domestic auto repair industry, in which the part data of each model has covered all the parts damaged by daily collisions, covering more than 95% of the total. Quickly locate and repair the required parts information, and at the same time, it can provide data support for user procurement, loss determination, and out-of-factory rescue scenarios according to the related parameters such as coding query and original price.
Xpeng Motors
Venture Round in 2017
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.
Souche, a leading automotive new retail platform in China, is founded by Mr. Yao Junhong, the former CAR Inc. founding team member and vice president, in December, 2012. By August 2018, Souche raised over $1.2 billion from investment or ganizations, including Alibaba group, Ant Financial Services Group, Morningside Venture Capital, Warburg Pincus, Primavera Capital Group, etc. Souche joined '2017 New Global Unicorns Ranking' by Silicon Valley global research organization PitchBook. Souche thrives to become the big intelligent brain of automotive industry. Souche has gradually constructed integrated automotive new retail ecosystem through years of development. Souche is regarded as 'the Alibaba of Chinese automotive industry'. Today, Souche and its relative corporations dedicate in numerous businesses, which include automotive financial leasing platform Tangeche, B2B industrial chain service platform Chehang168, Used-car online trade platform Cheyipai, Car sharing customized platform TIHD, SaaS products for used-car automotive dealers Dafengche and new-car sub-channels automotive dealership network Maicheguanjia, automotive dealership group ERP system provider Breakthrough, Kingdee and automotive supply chain warehouse logistics integrated service provider Iyunche, etc.
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