Zeron Electric Heavy-Duty Truck Financing Reaches CNY 1.2 Billion with CATL and NIO Capital Support

Emerging commercial vehicle manufacturer Zeron has secured major new capital to accelerate growth in the electric truck segment. The latest Zeron electric heavy-duty truck financing round closed on March 12 with total funding of CNY 1.2 billion. The investment attracted prominent mobility and technology investors focused on electrification and autonomous driving. The capital injection is expected to strengthen the company’s commercial vehicle expansion strategy while supporting the deployment of advanced autonomous technologies for next-generation freight transport across China.

Strategic Investors Back Zeron’s Commercial Vehicle Expansion

The financing round was led by CATL Capital, the industrial investment arm of battery giant Contemporary Amperex Technology Co., Ltd., alongside participation from Momenta and NIO Capital. Both CATL Capital and NIO Capital directed their investments specifically toward electric heavy-duty truck operations, reflecting confidence in the segment’s growth potential. Meanwhile, autonomous driving technology company Momenta expanded its financial commitment to Zeron, signaling continued collaboration in automated vehicle technologies and intelligent mobility platforms.

Sales Momentum and Autonomous Technology Progress

By the end of 2025, Zeron reported cumulative sales of nearly 1,600 commercial vehicles. The company experienced strong market traction during the second half of the year, with sales volumes increasing by almost 300 percent on a month-over-month basis. This rapid growth highlights increasing demand for electric heavy-duty trucks in logistics and freight transport sectors as operators seek lower operating costs and reduced emissions.

Autonomous Driving Deployment Timeline

Zeron has already integrated autonomous driving capabilities into its vehicles using end-to-end multimodal large-model architectures. These systems combine perception, decision-making, and control functions into a unified artificial intelligence framework designed for commercial transport scenarios. The technology has entered testing and pilot operations, and the company plans to introduce regular autonomous driving functionality for its trucks starting in the second quarter of 2026 as development and validation progress.