【Reprinted】SDIC Leads Investment in LEOG Motors! Leading New Energy Drive Motor Company Receives Strategic Investment to Accelerate Global Expansion

Recently, Suzhou LEOG Motor Technology Co., Ltd. (hereinafter referred to as "LEOG Technology") has completed a new round of strategic financing. This round was led by SDIC, with follow-on investments from several well-known investment institutions including Yuanhe Zhongyuan, Tiankai Huilang, Zhidao Capital, Chuangyuan Venture Capital, and Dongwu Venture Capital. The funds raised will primarily support the company in deepening technological innovation, accelerating production capacity expansion, and advancing its global market presence, further solidifying its leadership position in the field of new energy commercial vehicle and construction machinery drive motors.

Core motor supplier

As a national-level "Little Giant" enterprise specializing in niche sectors with cutting-edge technology and a national postdoctoral research workstation, LEOG Technology has been dedicated to the R&D and commercialization of permanent magnet synchronous motors and control technologies since its founding in 2006. The company has built a diversified product portfolio covering fields such as new energy commercial vehicles, construction machinery, wind power generation, industrial energy efficiency, and modern agricultural machinery. With over 200 core technology patents, it has been recognized as a national high-tech enterprise and a Jiangsu Provincial Enterprise Technology Center, among other accreditations, establishing its technical leadership in the industry.

Thanks to its exceptional product performance and advanced quality management system, LEOG Technology has become a core motor supplier in the fields of new energy heavy-duty trucks, buses, construction machinery, and mining trucks. The company serves leading customers such as XCMG Group, Sany Heavy Industry, Sinotruk, Yutong Bus, Tongli Co., Ltd., and Lingong Group, with its products exported to over 10 countries including those in Europe and America. This has given LEOG a significant first-mover advantage in the electrification of high-end equipment.

The investment team of SDIC pointed out: "Driven by the dual-carbon goals, the electrification of commercial vehicles and construction machinery has accelerated significantly. This field places stringent demands on the high reliability, customization, and rapid iteration capabilities of drive motors. Through continuous technological innovation and precise market positioning, LEOG Technology has established differentiated technical barriers and supply chain advantages, positioning itself to become a key enabler in the transformation and upgrading of the industry." 

The proceeds from this financing round will be primarily allocated to three key areas. 

The proceeds from this round of financing will be primarily allocated to three key strategic areas:
1. R&D and Innovation
Accelerating breakthroughs in electric drive system technologies for new energy commercial vehicles, intelligent construction machinery, and related fields.
2. Production Capacity Expansion
Constructing smart manufacturing bases to enhance industrial capabilities for core components such as motors and controllers.
3. Global Expansion
Establishing an international R&D and marketing network to build a globally competitive technological platform. 

As battery costs continue to decline and policy support intensifies, the electrification of commercial vehicles is experiencing explosive growth. Industry forecasts indicate that the penetration rate of new energy commercial vehicles will exceed 20% by 2025, driving the core components market to a scale exceeding one hundred billion yuan. This strategic investment will empower LEOG Technology to seize this historic development opportunity and advance the global expansion of China's high-end equipment manufacturing sector.

Remark：This article is reprinted from the post published by "IntelMining Smart Mining" on June 29, 2025.