In the first three quarters of 2024, Chery achieved a net income of RMB 11.3 billion, up 58.5 percent year-on-year.
For details, please visit CnEVPost.
Category: Fund Raising
HK-listed LiDAR maker RoboSense to issue up to 22 million new shares
RoboSense expects to get up to HK$1 billion from the new share placement, with 70 percent of the money to be used for research and development, with a focus on robotics.
For details, please visit CnEVPost.
IM Motors closes $1.3 billion in new funding, plans to launch 4 new models in 2025
IM Motors plans to launch two BEV models and two EREV models in 2025, extending its model lineup to the hybrid market for the first time.
For details, please visit CnEVPost.
Avatr closes $1.5 billion in new funding, targets 2026 IPO
Avatr closed over RMB 11 billion ($1.5 billion) in series C funding, with a goal of going public in 2026.
For details, please visit CnEVPost.
Deutsche Bank gives positive read on Nio China’s new financing
New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price, according to Deutsche Bank.
For details, please visit CnEVPost.
QCraft revs up its fundraising in autonomous driving race for cash
The maker of self-driving technology solutions recently raised several hundred million yuan in its latest funding round.
The post QCraft revs up its fundraising in autonomous driving race for cash appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Great Wall-backed autonomous driving startup Haomo secures RMB 300 million in new funding
The new funding comes just two months after the previous one of over RMB 100 million, and is one of the few large funding rounds in China's autonomous driving space.
The post Great Wall-backed autonomous driving startup Haomo secures RMB 300 million in new funding appeared first on CnEVPost.
For more articles, please visit CnEVPost.
IM Motors secures over $1.1 billion in new financing
The financing will be used for next-generation model development, smart driving technology development and entry into overseas markets.
The post IM Motors secures over $1.1 billion in new financing appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Great Wall-backed autonomous driving startup Haomo raises over RMB 100 million in new funding round
Haomo's new funding is the first in the autonomous driving space after China’s Lunar New Year holiday, and one of the few large amounts raised in the space during the capital winter of the past couple of years.
The post Great Wall-backed autonomous driving startup Haomo raises over RMB 100 million in new funding round appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Nio Capital closes over RMB 3 billion in new fundraising
Since its inception in 2016, Nio Capital has raised five funds, including three US dollar funds and two RMB funds, with a total management scale of RMB 15 billion.
The post Nio Capital closes over RMB 3 billion in new fundraising appeared first on CnEVPost.
For more articles, please visit CnEVPost.
