Zero One Auto Completes RMB 500 Million Series A Financing

On July 23, new energy heavy truck manufacturer "Zero One Auto" announced the completion of a 500 million yuan Series A financing. This round of financing was jointly led by Momenta, a leading autonomous driving company, Xinghang Venture Capital and Chentao Capital, and Guofa Wenxin and others participated in the investment. This round of funds will be used for the large-scale mass production of a new generation of forward research and development vehicle platforms, as well as the commercialization of L3/L4 level unmanned trucks. At present, "Zero One Auto" has completed three rounds, with a cumulative financing amount of nearly 700 million yuan.