- Zeron's cumulative sales in the first four months of 2026 reached five times the level of the same period last year.
- Zeron turned operating cash flow positive in the fourth quarter of 2025.
Chinese electric heavy-duty truck startup Zeron announced Tuesday the completion of a $200 million Series B2 funding round to double down on its autonomous driving truck business.
Investors in this round include Zijin Mining, Shandong Energy Group's Yankuang Capital, and Sanhua Holding Group, while international capital participation includes Temasek and InnoVen Capital.
The addition of industrial capital will drive Zeron's business expansion in core scenarios such as mining transportation and industrial logistics, it said.
Meanwhile, the participation of international capital reflects global investors' sustained interest in China's autonomous driving industry.
This is the second large-scale financing completed by the company in just two months, marking a continued bet by long-term capital on the intelligent transformation of China's commercial vehicles, the company said.
Combined with the 1.2 billion yuan ($176 million) financing completed in March this year, Zeron's cumulative financing over the past two months has reached about $400 million.
With the completion of the financing and the rapid advancement of its business, the company is entering a new phase of its development cycle.
To date, Zeron's shareholder roster has brought together multiple top-tier industrial and long-term capital partners. This includes previous investors such as CATL's Puquan Capital, Nio Capital, and autonomous driving company Momenta.
Zeron was founded in 2022 by Huang Zehua, a former co-founder of TuSimple. Its executive team also includes Zhang Hongsong, former general manager of Sany Heavy Truck.
The company aims to provide a reliable foundation for high-level autonomous driving systems through the vertical integration of hardware and software.
Alongside its rapid business development, Zeron's operating conditions are also improving. The company turned operating cash flow positive in the fourth quarter of 2025.
Over the past year, the startup's new energy heavy-duty truck business has maintained high-speed growth.
In the first four months of 2026, its cumulative sales reached five times the level of the same period last year, following a nearly 300% sequential sales growth in the second half of 2025, according to the company.
On the autonomous driving front, Zeron is continuing to advance the commercialization of its scenario-driven, progressive technology roadmap, it said.
Heavy-duty trucks equipped with end-to-end and multimodal large model technologies have already begun testing in real-world closed scenarios. The company plans to expand its fleet size to accelerate system iteration.
($1 = 6.7861 yuan)
