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Record Investment Fuels China's NEV Sector Growth
Avatr, Changan's NEV brand, raised $1.51 billion in Series C funding, the largest in China's auto industry this year, to fuel expansion, R&D, and its 2026 IPO, while U Power and Nio secured substantial investments to boost production and international presence.
Record Investment Fuels China's NEV Sector Growth
Avatr, Changan's NEV brand, raised $1.51 billion in Series C funding, the largest in China's auto industry this year, to fuel expansion, R&D, and its 2026 IPO, while U Power and Nio secured substantial investments to boost production and international presence.
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Industry, Innovation, and Infrastructure
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