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§ Private Profile · Shenzhen, Guangdong, China
New energy vehicle fleet service provider offering rental and leasing for commercial logistics fleets, focused on urban distribution electrification.
DST Car is a Shenzhen, China-based company that provides rental, leasing, and comprehensive lifecycle management services for commercial new energy vehicles used in urban logistics and transportation. The company operates an active fleet of nearly 50,000 electric trucks and commercial vehicles, serving approximately 4,000 enterprise customers across a regional network spanning 200 Chinese cities. Its end-to-end digital platform generates revenue by offering fleet rental, vehicle maintenance, charging infrastructure, and operational support to express distribution enterprises. To facilitate international expansion into Southeast Asia, the firm established a joint venture focused on electric vehicle solutions. DST Car has raised a total of $541.84 million in funding, including a $200 million Series D round, with backing from prominent investors such as CICC Capital, Ingka Group, Itochu, and SMRT Corp. The organization was founded in 2015 by Zhang Haiying.
DST Car has raised $180.0M across 2 funding rounds.
DST Car has raised $180.0M in total across 2 funding rounds.
DST Car has raised $180.0M across 2 funding rounds. Most recently, it raised $80.0M Other Equity in December 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 11, 2023 | $80M Venture Round | — | — | Announced |
| May 17, 2021 | $100M Series C | Krister Mattsson | Bojiang Capital, Matrix Partners China, Smrt Ventures | Announced |
DST Car has raised $180.0M in total across 2 funding rounds.
DST Car's investors include Krister Mattsson, Bojiang Capital, Matrix Partners China, SMRT Ventures.