China's Letin raises $447m in Series A round to expand NEV sales

China's Letin raises $447m in Series A round to expand NEV sales

Letin introduced its latest EV "Mengo Pro" to Cambodia in October as the model's first debut outside of China. Source: Letin

Letin, a Chinese new energy vehicle (NEV) manufacturer also known as “Levdeo,” announced on Monday that it has secured 3.2 billion yuan ($447.2 million) in a Series A round of financing to expand the business in China and worldwide.

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