Z
ZERON
Specializing in new energy heavy trucks
About ZERON
Shanghai Lingyi Automobile Technology, operating as Zeron Truck, is a developer and manufacturer of new energy heavy-duty trucks, established in April 2022 with headquarters in Taicang, China. The company was co-founded by Huang Zehua, a co-founder and former engineering executive at autonomous truck firm TuSimple, and Zhang Hongsong, who previously served as general manager of Sany Heavy Truck and vice president at Beiqi Foton Daimler Automotive. Huang, a Carnegie Mellon robotics graduate, transitioned from computer vision R&D at TuSimple to truck systems engineering, which led to the creation of Zeron. His experience revealed that retrofitting autonomous systems onto existing truck platforms was inefficient, establishing the company's core strategy: designing and building electric trucks from the ground up to be inherently optimized for autonomous driving.
Zeron's business model revolves around the full-stack, in-house research and development of its vehicles, covering everything from the powertrain and thermal management systems to the autonomous driving software. This vertical integration approach allows the company to define hardware through software, aiming for structural cost optimization and supply chain control. The company generates revenue through the sale of its electric heavy trucks to clients in the logistics industry, particularly targeting the short- and medium-haul transportation market, which constitutes a significant portion of the heavy truck sector. By mid-2025, Zeron had already delivered nearly 700 vehicles, which have covered over 25 million kilometers.
The company launched its first generation of smart trucks in 2024, the "Jingzhe" and "Xiaoman" models. These vehicles are designed for high efficiency and reliability. The Jingzhe features a 385 kWh battery capable of charging to 80% in under 35 minutes with dual charging points, while the Xiaoman is equipped with a 350 kWh LFP battery. A key feature is the proprietary "MATRIX" integrated electric drive system, a four-in-one assembly combining the motor, gearbox, axle, and power take-off, which enhances efficiency by up to 13% over traditional systems. Zeron has also developed the industry's first commercial vehicle heat pump thermal management system, significantly reducing energy consumption in extreme temperatures. Looking ahead, the company is developing its own autonomous driving system, "ZSD," and aims to deploy vehicles with this technology in semi-enclosed environments like ports and mines, with plans for large-scale commercialization of high-level autonomous driving around 2030.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2022
- Headquarters
- China
- Open positions
- None listed
- Dealroom signal
- 24.7/100
- Industry
- Energy, Transportation
- Sub-industry
- Vehicle Production
- Sector
- Transportation, Autonomous Mobility, Heavy-Duty Trucks, Sustainable Development Goals, Rumoured $1B, Climate Tech, Electric Mobility, EV Manufacturing, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | May 2026 | $200M | $800M | Temasek · InnoVen Capital · Zijin Mining Group · Yuanhe Puhua | ↗ |
| LATE VCOther financing | Mar 2026 | $165M | $660M | Puquan Capital · Blue Lake Capital · Joy Capital · Shenergy Chengyi | ↗ |
Growth signals
Latest recorded traffic for ZERON is 1.1K monthly website visits, up 10% over the last three months.
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|---|---|---|---|---|---|
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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.
Seed4 investors entered at this stage
- CCChentao Capital
- SFSkyview Fund
Lenovo Capital and Incubator Group (LCIG)
Joyceland Xinyi Capital
Series A17 investors entered at this stage
Momenta.ai
Suzhou International Development Venture Capital Holding
Oriza Holdings- XCXinghang Venture Capital
- CCCaitong Capital
Yuanjing Capital- GWGuofa Wenxin
- TCTianshan Capital
- XFXinjing Fuying Fund
Temasek
InnoVen Capital
Zijin Mining Group- YPYuanhe Puhua
Sanhua Group- CCChaoxi Capital
iFLYTEK
Gaocheng Capital
Series B and later5 investors entered at this stage
- PCPuquan Capital
Nio Capital
Blue Lake CapitalJoy Capital
- SCShenergy Chengyi
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about ZERON 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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