- Companies
- Zhidou
Zhidou Funding, Investors & Competitors
Zhidou has raised $2.3B across 4 funding rounds, most recently a $1.8B undisclosed-stage round in February 2019.
Last Zhidou funding round
$1.8B
Undisclosed stage · Feb 2019
Cumulative funding Zhidou raised
$2.3B
across 4 funding rounds
Key investors in Zhidou
GSR United Capital
GoldenSand Capital
Geely
Nanjing Pukou Economic Development Zone
About Zhidou
Zhidou is a producer of compact pure electric vehicles designed for urban micro-mobility, including models like the Zhidou 30. Headquartered in Ninghai, China, it features R&D centers in Italy, Japan, Beijing, Shanghai, and Tianjin, plus production sites in Lanzhou, Jinan, Yinan, and Ninghai. A joint venture of Geely Holding Group, XDY Group, and GSR Ventures, its vehicles operate in car-sharing fleets such as Share’N GO in Italy and have reached markets in 15 countries including France, Brazil, and South Korea.
Founded
2006
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Zhidou Funding History
Zhidou has raised a total of $2.3B across 4 funding rounds.
Zhidou's first fundraising round was a $46M Series A in December 2014. The most recent completed round was a $1.8B undisclosed-stage round in February 2019.
Zhidou funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Feb 2019 | Undisclosed stage | GoldenSand Capital; Nanjing Pukou Economic Development Zone | $1.8B | - |
| Dec 2017 | Series B | GSR United Capital | $303M | - |
| Jan 2016 | Series A | Geely (lead) | $152M | Zhidou, also referred to as Zhidou JV or Electric Vehicles Co., Ltd., was a joint venture involving Geely Automobile Holdings Limited, focused on electric vehicles. In July 2016, Geely Automobile entered a master disposal agreement with Geely Holding to sell its 45% equity interest in Zhidou JV, alongside 50% in Kandi JV, for an aggregate consideration of RMB1,346,486,590. The disposal, approved by independent shareholders, generated a net gain of RMB374 million for Geely Automobile and was part of a strategy to refocus resources on mid-to-higher-end automobiles. |
| Dec 2014 | Series A | GSR United Capital (lead) | $46M | - |
Who has invested in Zhidou?
4 investors have backed Zhidou across its funding rounds, including GSR United Capital, GoldenSand Capital, Geely and Nanjing Pukou Economic Development Zone.
Lead investors include Geely and GSR United Capital.
Zhidou Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Dec 2014 | ||
| 1 | Participant | Feb 2019 | ||
This data is available for Pro users. Sign up to see all 4 Zhidou investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialZhidou Competitors
Zhidou competitors include listed companies like Tesla, Tata Motors, Tata Motors Passenger Vehicles and XPENG, and private ones like GAC Aion and Tata Passenger Electric Mobility.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $95B | $10B | $1.4T | 13.7x | ||
| Publicly listed | $8.7B | $720M | $17B | 1.9x | ||
| Private | $2.5B | - | $15B | 6.0x | ||
| Publicly listed | $35B | $2B | $12B | 0.4x | ||
| Publicly listed | $11B | $156M | $10B | 1.0x | ||
| Private | - | - | $9.1B | - |
Zhidou Public Comps
Zhidou is still privately-owned, but its public comps include Tesla, Toyota, CATL, BYD, Ferrari, General Motors, Volvo, LG Energy Solution, PACCAR and Hyundai.
| 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 | |||
| $63B | $16B | 2.8x | 2.1x | 10.9x | 9.1x | |||
| $120B | $18B | 0.9x | 0.9x | 6.3x | 5.8x | |||
| $8.2B | $3.2B | 9.1x | 8.6x | 23.6x | 22.0x | |||
| $185B | $15B | 1.0x | 1.0x | 11.8x | 8.4x | |||
| $49B | $7.1B | 1.9x | 1.8x | 13.0x | 11.6x | |||
| $17B | $3.4B | 4.8x | 3.8x | 24.0x | 22.1x | |||
This data is available for Pro users. Sign up to see all Zhidou competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Zhidou
| When was Zhidou founded? | Zhidou was founded in 2006. |
| Where is Zhidou headquartered? | Zhidou is headquartered in Ningbo, China. |
| Is Zhidou publicly listed? | No, Zhidou is a private, VC-backed company. |
| How much funding has Zhidou raised? | Zhidou has raised $2.3B across 4 funding rounds. |
| What was Zhidou's last funding round? | Zhidou's last funding round was a $1.8B undisclosed-stage round in February 2019. |
| Who are Zhidou's investors? | Zhidou's investors include GSR United Capital, GoldenSand Capital, Geely and Nanjing Pukou Economic Development Zone. |
| Which companies are comparable to Zhidou? | Companies comparable to Zhidou include Tesla, Tata Motors, GAC Aion, Tata Motors Passenger Vehicles, XPENG and Tata Passenger Electric Mobility. |
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