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Momenta Leads 500 Million Yuan Investment in Lingyi Auto for Intelligent Heavy Trucks
2 day ago /
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Author：小编
Lingyi Auto, a pioneering manufacturer of new energy heavy trucks, has recently announced the successful completion of its Series A funding round, securing 500 million yuan. This funding was jointly led by autonomous driving giant Momenta, Xinghang Venture Capital, and Chentao Capital, with the participation of several other prominent capital institutions. The proceeds from this round will primarily be allocated towards the mass production of the next-generation forward-looking R&D platforms and the expansive deployment of driverless trucks.
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