Germany
AVATR is an innovative player in the Automotive industry, established in 2018 with headquarters in Germany. The company's slogan, "Powering Your Human Powers," reflects its mission to advance humanized mobility technologies, providing an emotionally intelligent experience and aspiring to build a high-end smart electric vehicle (SEV) global brand.
Leveraging its strategic alliances with prominent partners like Changan Automobile, Huawei, and CATL, AVATR is enhancing its capabilities in vehicle research and development, intelligent mobility solutions, and smart energy ecosystems. Through the establishment of the CHN platform, the company targets the development of intelligent connected electric vehicles, harnessing a comprehensive tech and resource network.
The company recently raised a substantial CNY3.00 billion in a Series B funding round completed on 31 August 2023. This influx of capital came from a consortium of investors, including Changan Automobile Design Center Europe s.r.l, Chongqing Industry Investment Fund, Southern Industrial Asset Management, Liangjiang Ziben, Bank of Communications, and Guangkai Holdings. These investments are set to propel AVATR's ambitions to cement its status in the global automotive landscape.
Sono Motors
