Zhiji Auto received over 8 billion yuan in Series B financing, with CATL, Momenta and others participating in the investment

Zhiji Auto recently announced that it has completed a round B financing of over 8 billion yuan, led by Bank of China Asset Management, a subsidiary of Bank of China, with participation from ABC Investment, Lingang Group, and other technology companies such as CATL, Momenta, and Qingtao Energy. SAIC Group, ICBC Investment, and Bocom Investment continued to make additional investments. Zhiji Auto was founded in 2020 and is jointly created by SAIC Group, Pudong New Area, and Alibaba Group.