Electric Vehicle Maker Youxia Motors Completes USD 350 Mln Series B+
Zhidongxi, 8/22/18
Shanghai-based electric vehicle maker Youxia Motors today announced the completion of USD 350 mln in Series B+ funding. This round of funding came from Gezhi Asset Management, which has now become Youxia Motors' second largest shareholder. Currently, Youxia Motors has completed three rounds of funding in Series A, B and B+ rounds, with accumulated financing of more than USD 1.25 bln and an overall valuation of USD 3.35 bln.
Editor's Note: For more information on this topic, please see Electric Vehicle Maker Youxia Motors Wins RMB 5 Bln Series B, MD 3/31/18 issue.
Keywords: Gezhi Asset Management VC hardware funding valuation Series B electric vehicle Youxia Motors
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