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Newrizon

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Intelligent, connected new energy commercial vehicles for logistics

ChinaFounded 2020Transportation
Valuation $250–500M Last recorded · 2023
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Newrizon and the history behind them.

About Newrizon

Newrizon is a Chinese manufacturer of smart, connected new energy commercial vehicles, founded in September 2020. The company focuses on the logistics and transportation sectors, aiming to enhance efficiency and reduce carbon emissions. Its founder and CEO, Huang Chendong (also known as Charles Huang), is a former senior vice president of EV manufacturer Nio, bringing extensive experience from his time there and at SAIC Motor.

The company's business model revolves around the design, mass production, and sale of electric commercial vehicles, including light-duty trucks and vans. Newrizon generates revenue through vehicle sales and aims to develop its battery-swapping business and overseas operations. Its clients include major logistics companies like Lalamove, SF Express, and JD Logistics. Since its inception, Newrizon has secured significant funding from investors such as Nio Capital, Lightspeed China Partners, and China Creation Ventures.

Newrizon has launched several products, including the EC1, a 4.5-ton pure electric light truck developed with Sinotruk, and the iC1, its first in-house developed intelligent electric light truck. The iC1 features a five-minute battery swap capability, fast charging, and smart features like Firmware Over-The-Air (FOTA) upgrades and app-based remote control. The company began exporting its iC1 trucks to the Middle East in early 2024, marking its entry into the global market and has since signed exclusive dealership agreements in the GCC region.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
China
Employees
1
Open positions
None listed
Dealroom signal
20.0/100
Industry
Energy, Transportation
Sector
Transportation, Hard Tech

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Sep 2023 $14M $250M Core Capital ↗
SERIES BOther financing Feb 2023 $15M $250M Nio Capital ↗
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Growth signals

Newrizon website traffic

Latest recorded traffic for Newrizon is 750 monthly website visits, up 78.6% over the last three months. Newrizon's team grew 0% over the past year.

Latest monthly visits750 3-month web change+78.6% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

  • Luminous Ventures
  • China Creation Ventures CCV
  • Qiyuan Capital
  • Nio Capital
  • Core Capital
Employees 1 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇨🇳 China100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Newrizon 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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