Chinese EV power solutions firm Leadrive bags over $82m in Series D round

Chinese EV power solutions firm Leadrive bags over $82m in Series D round

Image by Michael Marais from Unsplash.

Shanghai-headquartered Leadrive Technology, which supplies silicon carbide power modules and dual-motor controllers for electric vehicles, has secured 600 million yuan ($82.2 million) in a Series D financing round co-led by China-focused investor Legend Capital; and Oriza FOFs, the fund of funds unit of Chinese investment group Oriza Holdings. 

Edited by: Joymitra Rai

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