Automotive intelligent chassis company Boster has secured over 1 billion yuan in Series B funding, led by the Zhejiang New Energy Vehicle Industry Fund. The company, founded in 2021, has expanded its product line to cover braking, suspension, and steering systems, including ESC and One-Box integrated brake systems. Boster aims to achieve 1 billion yuan in revenue and full profitability by 2027, with plans to focus on high-end products and international market expansion. AI
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IMPACT Accelerates the development and adoption of intelligent chassis systems, crucial for autonomous driving and enhanced vehicle performance.
RANK_REASON Significant funding round for an automotive tech company developing core components for intelligent chassis systems.
