Case Profile

Zhidou Electric Cars Co. Ltd., a joint venture established by the Geely Holding Group, the Xindayang Group and GSR Capital, is committed to developing electric vehicles that lead the trend, innovate and transform human transportation.

Investment highlights:

Manufacturing Zhidou electric cars

24,000 cars were sold in 2015

Significant growth in timeshare rental of electric cars

10,000 cars were supplied for rental services in 2015

1,000 vehicles were put into rental service in Europe in 2015

The Xindayang Group is likely to develop into an enterprise with a scale of 50 billion yuan 

The 11th license for electric cars was issued in March 2017