Kunteng Tech completes first round of financing to accelerate the development of electric drive technology for new energy vehicles

Kunteng Tech (Chengdu) Technology Co., Ltd., a developer of electric drive systems for new energy vehicles, announced the completion of its first round of financing, attracting participation from multiple investment institutions including Inno Angel Fund, Ceyuan Capital, Chengdu Science and Technology Venture Capital, Panlin Capital, and Pengrui Investment. Founded in 2022, Kunteng Tech Technology Co., Ltd. focuses on developing the next generation of electric drive systems for new energy vehicles. With its unique multi-phase pole-changing dynamic configuration electronic control technology as the core, the company has developed medium- and low-voltage high-power and high-voltage high-power products. Business scenarios cover new energy commercial vehicle mild hybrid systems, passenger car auxiliary drives above Class A, and A0 model main drive systems. At present, Kunteng Tech has successfully entered into multiple business scenarios and reached project designation and joint development cooperation with many leading car companies. Kunteng Tech Technology Co., Ltd. has actively developed two major product lines of passenger car auxiliary drives and light vehicle main drives, which are expected to enter commercial applications in 2025.