Zero One Automotive increased its capital to 35.85 million, an increase of approximately 47%.

Tianyancha App shows that on April 21st, there was a business change in Jiangsu Zero One Automotive Technology Co., Ltd., a related company of Zero One Automotive. The registered capital increased from about 24.37 million RMB to about 35.85 million RMB, a growth of about 47%. At the same time, there were also changes in some of the company's executives. The company was established in June 2022, with Huang Zehua as the legal representative. Its business scope includes technical services, technical development, sales of new energy vehicles, and research and development of automotive components. The company is jointly owned by Huang Zehua, Yangzhou Banaray Zheka Investment Partnership, and Jiaxing Sinoa Entrepreneurship Investment Partnership.