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

Zhidou Overview

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

ChinaNingbo

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

Zhidou funding rounds
DateStageInvestorsRaisedDeal Summary
Feb 2019Undisclosed stageGoldenSand Capital; Nanjing Pukou Economic Development Zone$1.8B-
Dec 2017Series BGSR United Capital$303M-
Jan 2016Series AGeely (lead)$152MZhidou, 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 2014Series AGSR 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

Investors in Zhidou by funding rounds participated
InvestorHQRoundsRoleFirst check
GSR United CapitalChinaBeijing2LeadDec 2014
GoldenSand CapitalChinaBeijing1ParticipantFeb 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 Trial

Zhidou 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.

Public and private companies comparable to Zhidou
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
TeslaUnited StatesUnited StatesPublicly listed$95B$10B$1.4T13.7x
Tata MotorsIndiaIndiaPublicly listed$8.7B$720M$17B1.9x
GAC AionChinaGuangzhouPrivate$2.5B-$15B6.0x
Tata Motors Passenger VehiclesIndiaIndiaPublicly listed$35B$2B$12B0.4x
XPENGChinaChinaPublicly listed$11B$156M$10B1.0x
Tata Passenger Electric MobilityIndiaMumbaiPrivate--$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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Tesla$95B$10B14.9x13.7x140.0x96.9x
Toyota$324B$49B1.3x1.3x8.8x11.4x
CATL$63B$16B2.8x2.1x10.9x9.1x
BYD$120B$18B0.9x0.9x6.3x5.8x
Ferrari$8.2B$3.2B9.1x8.6x23.6x22.0x
General Motors$185B$15B1.0x1.0x11.8x8.4x
Volvo$49B$7.1B1.9x1.8x13.0x11.6x
LG Energy Solution$17B$3.4B4.8x3.8x24.0x22.1x

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.

See companies similar to Zhidou

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial