On December 26, DeepWay announced the completion of its Series B funding round, raising a total of 0.75 billion yuan. This round was co-led by Zhong'an Capital and PwC Capital, with existing Shareholder Jianxin REITs continuing to invest, and participation from the Greater Bay Area Fund, Hefei Industry Investment, and Feixi Industry Investment. It is reported that the funds from this financing will primarily be used to accelerate the R&D and mass production process of DeepWay's electrification and intelligent technology for heavy-duty trucks in Hefei, while also strengthening the layout of key component industries in the Zhejiang Changxing area.
DeepWay深向完成7.5亿元B轮融资 加码重卡电动化及智能化技术研发
DeepWay has completed a 0.75 billion yuan Series B funding round, intensifying research and development of heavy-duty truck electrification and intelligent technology.
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