BAIC raises USD1.66 billion in Series B financing round

On 14 Aug., 2017, BAIC Motor Corp., Ltd. (BAIC) revealed at the press conference that BAIC had completed Series B financing round in July. It was then evaluated at USD4.17 billion (RMB28 billion) after raising USD1.66 billion (RMB11.12 billion). It i...

China Li-ion Battery E-News 201708

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