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roxmotor.com

Founded Year

2021

Stage

Series D | Alive

Total Raised

$420M

Valuation

$0000 

Last Raised

$200M | 25 days ago

About ROX Motor

ROX Motor is a passenger EV company based in China.

ROX Motor Headquarter Location

Unit 1204-2, No. 78, Lane 1688, Guoquan North Road, Yangpu District

Shanghai, Shanghai,

China

+86-021-60940105

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Expert Collections containing ROX Motor

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

ROX Motor is included in 1 Expert Collection, including Unicorns- Billion Dollar Startups.

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Latest ROX Motor News

Rox Motor Closes USD100 Million Financing Round Led by Tencent

Jan 24, 2022

(Yicai Global) Jan. 24 -- Rox Motor, a car-making project set up by Chang Jing, founder and chief executive of robot vacuum maker Beijing Roborock Technology, closed a USD100 million financing round late last year, according to tech website 36Kr. The round was led by Tencent Group Holding, which put in more than USD50 million, the report said, adding that Shanghai-based Rox Motor will pursue a new round of fundraising and is aiming for a market valuation of USD2 billion. Tencent’s investment in Rox Motor may be a sign that the internet giant’s investment focus is shifting to hard technology and new energy sectors, analysts said. Both Nio Capital, an investment firm set up by electric carmaker Nio, and shopping platform Meituan showed interest in investing in Rox Motor but were rejected, 36Kr cited a source as saying. “Maybe in Chang Jing’s eyes, Nio Capital means Nio and Meituan means Li Auto,” the person said. Tencent Auto held a 10 percent stake in Nio with 17.9 percent of the voting rights as of last February, making it the second-largest shareholder in the automaker after William Li, Nio’s founder. Meituan owned 13.2 percent of Li Auto before its Hong Kong listing last July, and Meituan founder Wang Xing had a 6.8 percent stake. Rox Motor was established on Jan. 8 last year. Its first model is a hardcore off-road vehicle with an extended range, similar to the Mercedes-Benz G series. Editor: Tom Litting

  • When was ROX Motor founded?

    ROX Motor was founded in 2021.

  • Where is ROX Motor's headquarters?

    ROX Motor's headquarters is located at Unit 1204-2, No. 78, Lane 1688, Guoquan North Road, Yangpu District, Shanghai.

  • What is ROX Motor's latest funding round?

    ROX Motor's latest funding round is Series D.

  • How much did ROX Motor raise?

    ROX Motor raised a total of $420M.

  • Who are the investors of ROX Motor?

    Investors of ROX Motor include Sequoia Capital China, IDG Capital, Coatue Management, Tencent Holdings and Qiming Venture Partners.

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