
China EV maker Hozon raises $961m in crossover funding

Hozon Auto, a Chinese electric vehicle (EV) manufacturer, has raised CNY 7bn (USD 961m) in crossover or pre-IPO funding from unnamed investors.
It comes about a year after a CNY 3bn round – the third tranche of a Series D – featuring Shenzhen Capital Group, Qianhai FoF, Hongtai Capital, Dayone Capital, Insight Capital, and Dianshi Capital,...
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