Chinese electric vehicle manufacturer Enovate recently completed more than RMB5 billion yuan in financing. The investors are 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, etc., according to media reports. […]

Chinese New Energy Car Startup Enovate Raises New Round comes from China Money Network: Primary Data for China’s Primary Markets! All Rights Reserved.