China’s Sunwoda Electric Vehicle Battery Company Raises ~USD884m Round from Broad Vision Funds, Shenzhen Capital Group, Source Code Capital and NGDF

Source(s): Pandaily | 36kr | TechNode

Sunwoda Electric Vehicle Battery Company, a subsidiary of China-listed lithium-ion battery and energy services company Sunwoda, raised a CNY6b (~USD884m) round from Broad Vision Funds, Shenzhen Capital Group, Source Code Capital and NGDF, at a reported post-investment valuation of ~CNY30b (~USD4.4b). Read more here, here and here.