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DST Car
New-energy logistics vehicle fleet leasing and digital operations
About DST Car
Established in 2015, DST Car (Shenzhen) Co. Ltd., also known as Dishangtie (地上铁), operates as a digital intelligent service provider for new energy logistics vehicles in China. The company was founded by Haiying Zhang, who serves as the Founder and Chairman. Drawing from her previous experience in the power battery sector, Zhang identified a market opportunity to create an integrated service platform for electric logistics vehicles, believing in their superior efficiency over traditional fuel vehicles. She envisioned a service that would address the challenges of vehicle usage, maintenance, and charging infrastructure, thereby accelerating the adoption of electric vehicles in urban logistics.
DST Car's business model is centered on providing comprehensive, one-stop solutions for the new energy vehicle logistics sector. It primarily serves major express logistics and urban distribution enterprises, including prominent clients like SF Express and JD Logistics. The company's revenue is generated through a variety of flexible asset management services, including long-term and short-term rentals, lease-to-own options, and direct sales of new energy logistics vehicles. This asset-light approach allows logistics companies to reduce their total cost of vehicle ownership and focus on their core operations. DST manages a diverse fleet of vehicles, including small vans, large vans, light trucks, and refrigerated trucks, customized in collaboration with well-known vehicle manufacturers.
The company's core offering is a holistic service package that covers the entire vehicle lifecycle. This is delivered through a combination of offline service networks and an online digital platform. The offline network includes operation branches, maintenance stations, and charging sites across more than 200 cities in China. The digital platform provides clients and drivers with tools for real-time computational analytics, vehicle and battery monitoring, and route information, which enhances operational efficiency. This integrated system connects the entire value chain, from manufacturers to end-users, promoting a more standardized and intelligent logistics ecosystem. DST has also expanded its services to include comprehensive energy solutions for logistics parks and has begun exploring international expansion, partnering with entities like Singapore's SMRT to develop services in Southeast Asia.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Shenzhen, China
- Employees
- 83
- Open positions
- None listed
- Dealroom signal
- 34.1/100
- Industry
- Energy, Transportation
- Sub-industry
- Search, Buy & Rent, Maintenance
- Sector
- Transportation, Sustainable Development Goals, EV Charging, Rumoured $1B, Climate Tech, Electric Mobility, EV Services, Hard Tech
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES EOther financing | Jul 2024 | $100M | $400M | Twin Towers Ventures | ↗ |
| SERIES EOther financing | Dec 2023 | $84M | $700M | Undisclosed | ↗ |
Growth signals
Latest recorded traffic for DST Car is 36K monthly website visits, down 64% over the last three months. DST Car's team declined 1.2% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A6 investors entered at this stage
Matrix Partners China- BGBojiang Capital Management Group
- JEJeneration
Eurazeo- JCJeneration Capital
Far East Horizon
Series B and later7 investors entered at this stage
- OAOlympus Capital Holdings Asia
ITOCHU
Ingka Group- CSChina Securities
SMRT Ventures
CICC
Twin Towers Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about DST Car on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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