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15 Aug
08:42

Derry New Energy Automobile completes series B financing

New energy vehicle start-up Derry New Energy Automobile has completed a series B financing round of CNY 7 billion ($962.13 million), Kallanish learns from the company. The funds will be used for product development, operation promotion and other development activities, aimed at further consolidating the company’s “leading edge” in the green smart logistics market. Chinese electric vehicle battery company Gotion High-tech and private equity compa…
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