Newrizon
Intelligent, connected new energy commercial vehicles for logistics
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 dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Sep 2023 | $14M | $250M | Core Capital | ↗ |
| SERIES BOther financing | Feb 2023 | $15M | $250M | Nio Capital | ↗ |
Growth signals
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.
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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.
Series A5 investors entered at this stage
Luminous Ventures
China Creation Ventures CCV- QCQiyuan Capital
Nio Capital- CCCore Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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