Geely rental unit received 687.7 million yuan in Series A financing

Recently, Geely’s new energy vehicle direct rental travel platform “Ningbo Xiaolinggou Travel Technology Co., Ltd.” (xlg.cn) completed a Series A financing of 687.7 million yuan.

Recently, Geely’s new energy vehicle direct rental travel platform “Ningbo Xiaolinggou Travel Technology Co., Ltd.” (xlg.cn) completed a Series A financing of 687.7 million yuan.

Investors include Ningbo Yingcheng Group and Hangzhou Puzhao Technology.

This round of financing will be used to increase research and development testing, increase investment in technologies on intelligent systems and connected vehicles, expand cooperation with OEMs, urban coverage and channels, etc.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/03/geely-rental-unit-received-687-7-million-yuan-in-series-a-financing/.

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