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

Chery Holding Overview

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

ChinaChina

Status

Privately held

Customer focus

B2B

Revenue model

Investment management

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

Chery Holding funding rounds
DateStageInvestorsRaisedDeal Summary
Feb 2022SecondaryLuxshare Precision$1.6BOn 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 2019Series A-$7M-

Who has invested in Chery Holding?

1 investor has backed Chery Holding across its funding rounds, including Luxshare Precision.


Chery Holding Investors

Investors in Chery Holding by funding rounds participated
InvestorHQRoundsRoleFirst check

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Investments 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

Linkcharging Technology
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 CountryChina
HQ City
Xi'an
Deal Date6 Jul 2026
RoundSeries C
Raisedundisclosed
InvestorsGenvict Technology Co., Ltd.; Yutong Group; Orient Securities Capital Investment; CMB International Capital Corporation; Hefei City Construction and Investment Holding Group; FAW Group
Valuationundisclosed
EV/Revenue
EV/EBITDA

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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.

Public and private companies comparable to Chery Holding
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Mahindra & MahindraIndiaIndiaPublicly listed$20B$4.1B$38B3.0x
TratonGermanyGermanyPublicly listed$51B$6.4B$21B1.0x
TVS MotorIndiaIndiaPublicly listed$5B$215M$21B4.4x
Yamaha MotorJapanJapanPublicly listed$16B$1.4B$11B0.9x
Koenigsegg AutomotibeSwedenHelsingborgPrivate$83M-$1B12.0x
Yinwang Smart TechnologyChinaShenzhenPrivate$1.5B-$17B11.1x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Tesla$95B$10B14.9x13.7x140.0x96.9x
Toyota$324B$49B1.3x1.3x8.8x11.4x
Eaton$27B$6.2B6.8x5.9x30.0x25.0x
Mitsubishi$121B$8.6B1.2x1.2x17.1x21.7x
BYD$120B$18B0.9x0.9x6.3x5.8x
Illinois Tool Works$16B$4.6B5.3x5.2x18.5x17.7x
Ferrari$8.2B$3.2B9.1x8.6x23.6x22.0x
General Motors$185B$15B1.0x1.0x11.8x8.4x

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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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