Zhuo Tang, Founder of Avatr

About Zhuo Tang

Zhuo Tang is the President of Avatr, a company jointly established by Changan, Huawei, and CATL. Avatr is currently undergoing Series C financing, aiming to raise over 11 billion RMB and reaching a post-investment valuation exceeding 30 billion RMB. This funding will support current operations and the development of core competitiveness in the new luxury market.

Zhuo Tang at a glance

• Company: Avatr
• Total raised: $412M
• Latest round: Series C
• Investors: Changan Automobile, Contemporary Amperex Technology, China South Industries Group Corporation’s South Industry A…, Chongqing Industry Investment Fund of Funds, Bank of Communications’ BoCom Financial Asset Investment su…, Guangzhou Development District Holding Group
• Location: Chongqing, China

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