Chinese EV parts maker OSWELL raises over $139m from Australia's VAST Capital

Chinese EV parts maker OSWELL raises over $139m from Australia's VAST Capital

Image Source: OSWELL' official WeChat account.

OSWELL, which produces powertrains for electric passenger, commercial, and haulage vehicles, has secured 1 billion yuan ($139.4 million) in a Series B round from New South Wales-based mortgage manager VAST Capital. 

Edited by: Joymitra Rai