SuperPanther Secures Series B Funding to Accelerate Growth
Shanghai (Gasgoo)- SuperPanther, a leading Chinese new energy heavy-duty truck developer, has recently announced the successful completion of its Series B funding round, raising hundreds of millions of yuan in investment.
The funding round was co-invested by Yulin Coal Conversion Fund and the Yuyang District government, demonstrating strong support for SuperPanther’s innovative technologies and market potential.
The company plans to use the funds to further enhance its technology research and development efforts, strengthen its presence in the Chinese market, and accelerate its global expansion strategy.
Photo credit: SuperPanther
Established in 2022, SuperPanther is a leading new energy commercial vehicle manufacturer founded by a team from Tsinghua University’s Department of Automotive Engineering and former executives from Continental AG. The company focuses on developing cutting-edge technologies to drive innovation in the new energy transportation sector.
In April 2024, SuperPanther launched the SuperPanther Black Diamond Intelligent eTruck, featuring advanced technologies designed to optimize energy consumption, efficiency, recharging capabilities, and performance in challenging conditions. The eTruck has been well-received in the market, with large-scale deliveries commencing in August of the same year.
Since the launch of the eTruck, SuperPanther has collaborated with clients to unlock new transportation opportunities in mountainous regions, long-distance routes, and extreme weather conditions, showcasing the versatility and reliability of its innovative solutions.
In September 2024, SuperPanther introduced its “Enabler” strategy in Europe, outlining its commitment to collaboration with global OEMs and ecosystem partners to drive the adoption of electric heavy-duty truck solutions on a global scale. The company’s partnership with European automotive company Steyr Automotive has resulted in the development of a new series of electric heavy-duty trucks set to revolutionize the industry.
The upcoming electric trucks, co-developed by SuperPanther and Steyr Automotive, are currently in the final stages of research and development, with customer trials expected to commence in mid-2025 and deliveries scheduled for later in the year.
