NEV developer Chunqing hits $1.5b valuation after $135m deal

NEV developer Chunqing hits $1.5b valuation after $135m deal

Photo from Chunqing Technology's official WeChat account

China’s Chunqing Technology, a subsidiary of Geely-owned Farizon New Energy Commercial Vehicle Group, has claimed a post-money valuation of over $1.5 billion after raising $135 million in its latest funding round.

Edited by: Pramod Mathew