Youxia Motors Valuation, Funding & Investors

Youxia Motors is valued at $3.4B as of August 2018.

Last Youxia Motors valuation

$3.4B

Series B · Aug 2018

Last Youxia Motors funding round

$350M

Series B · Aug 2018

Cumulative funding Youxia Motors raised

$1.3B

across 4 funding rounds

Key investors in Youxia Motors

  • Qianhai Wutong Mergers and Acquisitions Funds
  • China Environmental Protection Industry Co.
  • China Fortune Ocean
  • Gezhi Asset Management
  • Huzhou Wuxing South Taihu Lake Construction Investment Co.

Youxia Motors Overview

About Youxia Motors

Youxia Motors is a Shanghai-headquartered electric vehicle manufacturer founded in 2014 with 4.2 billion yuan in registered capital. It develops, designs, produces, and services new energy vehicles, including the pure electric YOUXIA X model. The company advances smart city transportation technologies via youxiamotors.com.


Founded

2014

HQ

ChinaShanghai

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$3.4B (Aug 2018)

Youxia Motors Valuation

Youxia Motors is currently valued at $3.4B, based on its Series B in August 2018.

The $350M round was led by Gezhi Asset Management.

Youxia Motors' valuation has grown 1.9x from $1.8B at its Series B in April 2018 to $3.4B in August 2018, across 2 priced rounds.

Youxia Motors valuation by funding round

Youxia Motors valuation by funding round
DateStageValuation
Aug 2018Series B$3.4B
Apr 2018Series B$1.8B

Youxia Motors Funding History

Youxia Motors has raised a total of $1.3B across 4 funding rounds.

Youxia Motors' first fundraising round was a $500K seed round in January 2014. The most recent completed round was a $350M Series B in August 2018.

Youxia Motors funding rounds

Youxia Motors funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Aug 2018Series BGezhi Asset Management (lead)$350M$3.4BYouxia Motors, a Chinese electric vehicle manufacturer founded in 2014, completed a $350 million Series B+ funding round on August 22, 2018, solely led by Gezhi Asset Management (also referred to as Gezhi Capital), which became the company's second largest shareholder. This round brought total funding across Series A, B, and B+ to over $1.25 billion, enabling the company's market value to reach $3.35 billion. Gezhi's CEO, Qin Yifei, joined as global co-chairman and co-founder, overseeing financing, global investment, M&A, battery charging networks, supply chain finance, and preparations for a Series C round and future IPO. The funding supports Youxia's expansion, including its first super factory in Huzhou, Zhejiang, with 200,000 units annual capacity, expected to complete construction by May 2019 for mass production of the Youxia X model. Preorder registrations exceeded 11,000 units, with initial sales networks planned for 10 first-tier Chinese cities. The company also launched a European R&D center to develop high-performance models for the World Endurance Championship (WEC). Youxia faced challenges post-2018, including delays in factory construction—the Huzhou plant closed in 2019—and financial distress by 2022, when chairman Wei Jun's 90% stake worth CNY45 million (about $7.1 million USD) was frozen until 2025, raising bankruptcy risks. Total funding across all rounds reached approximately $1.3 billion, with investors including Qianhai Wuton, China Environmental Protection Industry, and others.
Apr 2018Series BChina Fortune Ocean; China Environmental Protection Industry Co.; Qianhai Wutong Mergers and Acquisitions Funds; Huzhou Wuxing South Taihu Lake Construction Investment Co.$794M$1.8BYouxia Motors, founded in 2013 or 2014, is a Chinese electric vehicle manufacturer developing the Youxia X, a high-performance EV with level 2/3 autonomous driving capabilities, 256 kW power, and ranges up to 460 km. The company completed a Series B funding round around February-April 2018, raising approximately ¥5 billion ($795-800 million) from 12 investors including Qianhai Wutong Mergers and Acquisitions Funds, China Environmental Protection Industry Co., China Fortune Ocean, and Huzhou Wuxing South Taihu Lake Construction Investment Co. Post-money valuation reached ¥12.2 billion (about $1.9 billion). Prior to this, Youxia raised ¥1.22 billion ($194 million) in Series A in October 2017, bringing total funding to ¥6.22 billion ($989 million). The company was establishing a production base in Zhejiang/Huzhou with 200,000 vehicles annual capacity, planning mass production of Youxia X in 2018-2019 after SOP finalization.
Jan 2016Series A-$186M-Youxia Motors, founded around 2013-2014 in China, is an electric vehicle manufacturer focusing on smart EVs, including the Youxia X model with level 2/3 autonomous driving capabilities. The company planned a production base in Zhejiang Province from April 2017 with 200,000 units annual capacity, targeting mass production of Youxia X in 2019, with sales goals of 30,000 units in 2019, doubling in 2020, and tripling in 2021. It partnered with suppliers like Bosch and FAW. Later valuations positioned it as a unicorn, with $3.35B cited as of March 2018 and $3.3B in October 2018.
Jan 2014Seed-$500K--

Who has invested in Youxia Motors?

5 investors have backed Youxia Motors across its funding rounds, including Qianhai Wutong Mergers and Acquisitions Funds, China Environmental Protection Industry Co., China Fortune Ocean, Gezhi Asset Management and Huzhou Wuxing South Taihu Lake Construction Investment Co..

Lead investors include Gezhi Asset Management.


Youxia Motors Investors

Investors in Youxia Motors by funding rounds participated
InvestorHQRoundsRoleFirst check
China Fortune OceanChinaGuangzhou1ParticipantApr 2018
China Environmental Protection Industry Co.ChinaChina1ParticipantApr 2018
Qianhai Wutong Mergers and Acquisitions FundsChinaShenzhen1ParticipantApr 2018

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Youxia Motors Competitors

Youxia Motors competitors include listed companies like XPENG and Tata Motors Passenger Vehicles, and private ones like Zhizi Automobile, ENOVATE Motors, Hozon and Zhiji Auto.

Public and private companies comparable to Youxia Motors
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Zhizi AutomobileChinaHefeiPrivate--$3.3B-
ENOVATE MotorsChinaShanghaiPrivate--$3.8B-
HozonChinaShanghaiPrivate$831M-$4B4.8x
Zhiji AutoChinaShanghaiPrivate--$4.3B-
XPENGChinaChinaPublicly listed$11B$156M$10B1.0x
Tata Motors Passenger VehiclesIndiaIndiaPublicly listed$35B$2B$12B0.4x

Youxia Motors Public Comps

Youxia Motors is still privately-owned, but its public comps include Mitsubishi Motors, QuantumScape, Polaris, Thor Industries, Tofaş, Pony AI, Aima Technology Group, Harley-Davidson, Ninebot and Archer Aviation.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Mitsubishi Motors$19B$883M0.2x0.2x4.7x4.0x
QuantumScape-($397M)--(6.1x)(9.3x)
Polaris$7.2B($115M)0.7x0.7x(43.0x)8.8x
Thor Industries$9.6B$616M0.4x0.4x6.6x7.4x
Tofaş$6.8B$243M0.6x0.4x17.2x11.1x
Pony AI$90M($71M)21.1x14.1x(26.9x)(7.9x)
Aima Technology Group$3.7B$422M0.6x0.6x5.3x6.0x
Harley-Davidson$4.5B$665M0.7x0.8x4.8x10.3x

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Common questions about Youxia Motors

When was Youxia Motors founded?Youxia Motors was founded in 2014.
Where is Youxia Motors headquartered?Youxia Motors is headquartered in Shanghai, China.
Is Youxia Motors publicly listed?No, Youxia Motors is a private, VC-backed company.
What is Youxia Motors' valuation?Youxia Motors was last valued at $3.4B in its Series B in August 2018.
How much funding has Youxia Motors raised?Youxia Motors has raised $1.3B across 4 funding rounds.
What was Youxia Motors' last funding round?Youxia Motors' last funding round was a $350M Series B in August 2018, led by Gezhi Asset Management.
Who are Youxia Motors' investors?Youxia Motors' investors include China Fortune Ocean, China Environmental Protection Industry Co., Qianhai Wutong Mergers and Acquisitions Funds, Huzhou Wuxing South Taihu Lake Construction Investment Co. and Gezhi Asset Management.
Which companies are comparable to Youxia Motors?Companies comparable to Youxia Motors include Zhizi Automobile, ENOVATE Motors, Hozon, Zhiji Auto, XPENG and Tata Motors Passenger Vehicles.

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