Chinese Phone Maker OPPO Co-Leads $22M Round In EV Sharing Firm Ponycar

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Chinese smartphone maker OPPO Electronics Corp. and investment firm Huiyou Capital have led a RMB150 million (US$22 million) funding round in Ponycar, a Shenzhen-based electric vehicle sharing start-up, with participation from Shenzhen-based investment bank China Peakedness.

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