Chinese EV startup WM Motor expects to raise over USD300 million in series D1 funding round

Corporate developments

WM Motor expects to raise USD500 million in series D1 and D2 funding rounds

WM Motor Holdings Limited, an electric vehicle (EV) startup from mainland China, is expecting to raise over USD300 million in series D1 funding round, which is led by PCCW Limited and Shun Tak Holdings Limited, it said in a press release on 5 October.

Thank you for visiting IHS Markit AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload