
Zeron secures fresh capital as China's electric heavy truck race heats up

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Zeron, a Chinese electric heavy truck startup, has raised 1.2 billion yuan ($175 million) from investors including CATL-affiliated Puquan Capital, Nio Capital, and Momenta. The funding will support Zeron's goal to deliver 5,000 trucks by 2026 and achieve break-even. Founded in 2022, Zeron aims to integrate hardware and autonomous driving software, positioning itself as a competitor to traditional manufacturers. The company has seen significant sales growth and plans to advance its autonomous driving technology with the new capital.
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