Chinese electric car maker WM Motor targets $1 billion funding round

in dlike •  5 years ago 

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The aspiring Tesla rival completed its series C funding round in the first quarter of 2019 and is now looking to secure its series-D financing hopefully in the next six months, Chief Strategy Officer Rupert Mitchell said.

Brian Gu, president and vice-chairman of rival Xpeng Motors, said autonomous driving will be the “ultimate game changer” but stressed the importance of manufacturers pacing themselves.


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