Leapmotor completed 4.3 bln RMB in round-B financing

IIA learned that Leapmotor raised 4.3 billion yuan in round B, exceeding 1 billion yuan. This B round of financing will support Leapmotor's investment in product development, channel layout and brand promotion. At the same time, Leapmotor and Hefei signed a strategic cooperation agreement. The Hefei government investment platform also participated in Leapmotor's B round of financing. The two parties plan to start more cooperation in the future.

English2021-01-28 17:24:34

ENOVATE completes 5-billion-yuan financing

It is reported that ENOVATE has completed a new round of financing of more than RMB 5 billion. According to reports, this round of financing is led by local government industry guidance funds and large state-owned banks. The funds will be used for subsequent new model research and development, intelligent manufacturing, sales channels and service system construction, brand marketing and promotion. After obtaining new financing, ENOVATE will speed up the construction of offline sales service networks such as ENOVATE brand experience stores, sales centers, service centers, and quick outlets.

English2020-10-14 16:34:10

NIO boosts share sale by 18%, raising $1.7 billion

It is reported that NIO issued an announcement to disclose the scale and pricing of this additional issuance. The issuance has increased by 18% to 88.5 million shares, and the underwriter can issue 13.275 million additional shares in excess. The issue price is US$17, and the total financing is expected to exceed US$1.7 billion, making it the largest additional issuance in China's high-end smart electric vehicle industry.

English2020-09-01 14:05:56

Xpeng raises around $500 mln in a C+ round financing

On July 20, IIA learned from Xpeng that the Chinese EV maker announced the completion of the signing of a C+ round of financing involving well-known investment institutions such as Aspex, Coatue, Hillhouse Capital, and Sequoia Capital, with a financing amount of nearly USD 500 million.

English2020-07-20 14:09:22

NIO announces US$235 mln private placements of short-term convertible notes

On the evening of March 5, NIO announced the completion of a $ 235 million convertible bond financing project.

English2020-03-06 15:01:39