Chinese EV maker Youxia Motors announced today that it has completed a US$350 million series B+ round from a strategic investor, Shenzhen-based Gezhi Asset Management Co., Ltd. The round values the company at US$3.35 billion. The company said it has raised more than US$1.25 billion so far. Just in April, Youxia Motors aised a RMB5 billion (US$795 million) series B round from Qianhai Wutong Mergers and Acquisition Funds, Shanghai-based equity investment fund, China Fortune Ocean Fund and other unnamed investors. …

Gezhi Asset Management Invests $350M Series B+ Round In Chinese EV Maker Youxia appeared first on China Money Network.