Tencent, Sequoia China Invest In Chinese EV Firm WM Motor After Duo Backed Rival NIO

Login to View

Chinese tech giant Tencent Holdings Ltd. and Sequoia Capital China have invested in Chinese electric vehicle developer WM Motor, backing the second EV start-up in China for both investors. Tencent and Sequoia China previously invested in Chinese EV firm NIO, which is valued at US$2.9 billion.

China Money Network

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech


Read 2 Articles for Free with a Basic Account

Gain limited and restricted access to China Money Network.

Register Basic Account

Subscribe for an annual subscription!

Enjoy comprehensive and exclusive data you can't find elsewhere!

More Info


Subscribe and Pay Easily Online!

Already have an account or paid subscription? Log in


RELATED NEWS