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Nezha Automobile delivered 12,026 units in March, an increase of 270% year-on-year

Nezha Automobile delivered 12,026 units in March, an increase of 270% year-on-year

Jiwei Network News (Text/Lin Xueying) On April 1, Nezha Automobile issued a document saying that 12,026 units were delivered in March this year, an increase of 270% year-on-year. Cumulative deliveries for the first quarter of 2022 increased 305% year-over-year.

Nezha Automobile delivered 12,026 units in March, an increase of 270% year-on-year

It is understood that Nezha Automobile has recently completed a new round of financing. On February 21 this year, Hezhong New Energy, a subsidiary of the Nezha Automobile brand, has recently completed a new round of financing of more than 2 billion yuan, and the main investment institutions include CRRC Fund under CRRC Group and Shenzhen Venture Capital with a state-owned background in Shenzhen.

This round of financing is the third round of Nezha's Series D financing. According to public information, in October 2021, Nezha Automobile officially announced the completion of the D1 round of financing of 4 billion yuan. The financing was led by 360 Group with an investment of 2 billion yuan, followed by many well-known investment institutions such as CCB International, CITIC Securities Investment, Shenwan Hongyuan Hong Kong New Energy Industry Fund, and Jifu Venture Capital. In December of the same year, the company also disclosed the D++ round of financing in which CATL, 360, AND BAIC Production and Investment participated.

In the field of intelligence, in 2021, Nezha Automobile released a full-stack self-developed intelligent and safe car platform - Shanhai Platform, and the electronic and electrical architecture of the Shanhai platform can achieve central domain control, which can realize the full scheduling of the hardware resources of the whole vehicle and lay a solid foundation for the development of a unified intelligent automobile operating system with richer functions. At the same time, Nezha Automobile and 360, a leading enterprise in the field of network security, jointly exerted efforts to ensure the safety of the whole vehicle through a complete set of firewalls, which further improved the security capabilities of Nezha Automobile's intelligent operating system

(Proofreading/Andy)

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