CAIT Completes First External Financing Round
Recently, Contemporary Amperex Intelligent Technology (Shanghai) Co., Ltd. (referred to as “CAIT”) completed its first external financing round, raising nearly RMB 2 billion. Investors include well-known market-oriented institutions such as Boyu Capital, Guotai Junan, and Cathay Fortune, industrial capital entity BAIC Capital, and state-owned capital entities Shanghai STVC Group and Fortera Capital. The funds from this round will be primarily used for the mass production of CAIT's Bedrock Chassis vehicle models and the research and development of next-generation Bedrock Chassis technology.
Since 2024, CAIT has built a diversified cooperation ecosystem covering passenger vehicles and smart mobility, successively establishing skateboard chassis partnerships with several domestic brands such as BAIC and Avatr and multiple overseas companies in Southeast Asia, the Middle East, and Europe. In the future, CAIT will accelerate the industrial implementation of skateboard chassis and actively promote the transformation of the global new energy vehicle industry toward standardized architecture, efficient R&D, and open collaboration across the upstream and downstream sectors.