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- Chery Holding
Chery Holding Funding, Investors & Competitors
Chery Holding has raised $7M across 1 funding round, most recently a $7M Series A in December 2019.
Last Chery Holding funding round
$7M
Series A · Dec 2019
Cumulative funding Chery Holding raised
$7M
across 1 funding round
Key investors in Chery Holding
About Chery Holding
Chery Holding is the parent conglomerate of the Chery automotive group, headquartered in Wuhu, Anhui province, China. Founded in 1997, it oversees Chery Automobile and Chery New Energy Vehicle Technology alongside other brands, manufacturing passenger vehicles and new energy vehicles that are exported to more than 80 countries. The group has formed strategic partnerships with technology and component suppliers, including Apple supplier Luxshare Precision, to develop automotive parts and new energy vehicle components.
Founded
2010
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Investment management
Sectors
Chery Holding Funding History
Chery Holding has raised a total of $7M across 1 funding round, plus 1 secondary share sale.
Chery Holding funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Feb 2022 | Secondary | Luxshare Precision | $1.6B | On February 11, 2022, Luxshare Precision Industry, an Apple supplier based in Shenzhen, acquired a 33.99% stake across Chery Holdings, Chery Automobile Co, and Chery New Energy from Qingdao Wudaokou New Energy Automobile Industry Fund Enterprise for RMB 10.05 billion (approximately USD 1.6 billion). The stake breakdown included 19.88% of Chery Holdings, 7.87% of Chery Automobile, and 6.24% of Chery New Energy, making Luxshare the fourth-largest shareholder in the Chinese automotive group. As part of the strategic investment, Luxshare and Chery Group signed a Strategic Cooperation Framework Agreement to establish a joint venture focused on designing, developing, and manufacturing new energy vehicle components and automotive parts. The joint venture was intended to support Luxshare's goal of becoming a Tier 1 supplier in the automotive components industry while leveraging Chery's vehicle manufacturing expertise and platforms. This investment marked Luxshare's entry into the electric vehicle sector and positioned the company to potentially participate in Apple's automotive supply chain as the tech giant explored its vehicle manufacturing plans. |
| Dec 2019 | Series A | - | $7M | - |
Who has invested in Chery Holding?
1 investor has backed Chery Holding across its funding rounds, including Luxshare Precision.
Chery Holding Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialInvestments by Chery Holding
Chery Holding has invested in 1 company to date.
Latest investment by Chery Holding was on July 6th 2026. Chery Holding invested in Linkcharging Technology in their Series C round.
Latest Investments by Chery Holding
| Description | Linkcharging Technology is a Shenzhen-based developer of EV charging infrastructure including on-board chargers, microgrid systems, and smart detection modules. Its products support fast DC charging up to 120kW for passenger vehicles and fleets. Linkcharging supplies solutions to Chinese automakers like BYD and exports to Southeast Asia. |
| HQ Country | |
| HQ City | Xi'an |
| Deal Date | 6 Jul 2026 |
| Round | Series C |
| Raised | undisclosed |
| Investors | Genvict Technology Co., Ltd.; Yutong Group; Orient Securities Capital Investment; CMB International Capital Corporation; Hefei City Construction and Investment Holding Group; FAW Group |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Chery Holding investments and their VC round multiples. Start Free Trial | |
Chery Holding Competitors
Chery Holding competitors include listed companies like Mahindra & Mahindra, Traton, TVS Motor and Yamaha Motor, and private ones like Koenigsegg Automotibe and Yinwang Smart Technology.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $20B | $4.1B | $38B | 3.0x | ||
| Publicly listed | $51B | $6.4B | $21B | 1.0x | ||
| Publicly listed | $5B | $215M | $21B | 4.4x | ||
| Publicly listed | $16B | $1.4B | $11B | 0.9x | ||
| Private | $83M | - | $1B | 12.0x | ||
| Private | $1.5B | - | $17B | 11.1x |
Chery Holding Public Comps
Chery Holding is still privately-owned, but its public comps include Tesla, Toyota, Eaton, Mitsubishi, BYD, Illinois Tool Works, Ferrari, General Motors, Volvo and PACCAR.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $95B | $10B | 14.9x | 13.7x | 140.0x | 96.9x | |||
| $324B | $49B | 1.3x | 1.3x | 8.8x | 11.4x | |||
| $27B | $6.2B | 6.8x | 5.9x | 30.0x | 25.0x | |||
| $121B | $8.6B | 1.2x | 1.2x | 17.1x | 21.7x | |||
| $120B | $18B | 0.9x | 0.9x | 6.3x | 5.8x | |||
| $16B | $4.6B | 5.3x | 5.2x | 18.5x | 17.7x | |||
| $8.2B | $3.2B | 9.1x | 8.6x | 23.6x | 22.0x | |||
| $185B | $15B | 1.0x | 1.0x | 11.8x | 8.4x | |||
This data is available for Pro users. Sign up to see all Chery Holding competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Chery Holding
| When was Chery Holding founded? | Chery Holding was founded in 2010. |
| Where is Chery Holding headquartered? | Chery Holding is headquartered in China. |
| Is Chery Holding publicly listed? | No, Chery Holding is a private, VC-backed company. |
| How much funding has Chery Holding raised? | Chery Holding has raised $7M across 1 funding round. |
| What was Chery Holding's last funding round? | Chery Holding's last funding round was a $7M Series A in December 2019. |
| Who are Chery Holding's investors? | Chery Holding's investors include Luxshare Precision. |
| Which companies are comparable to Chery Holding? | Companies comparable to Chery Holding include Mahindra & Mahindra, Traton, TVS Motor, Yamaha Motor, Koenigsegg Automotibe and Yinwang Smart Technology. |
| How many companies has Chery Holding invested in? | Chery Holding has invested in 1 company, including Linkcharging Technology. |
| What was Chery Holding's last investment? | In July 2026, Chery Holding invested in Linkcharging Technology's Series C alongside Genvict Technology Co., Ltd., Yutong Group, Orient Securities Capital Investment and 3 other investors. |
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