China Digest: SB Energy invests in Aulton; Zhongneng nabs funding

In what seems to be a strategic investment, Aulton New Energy Automotive Technology has raised an undisclosed amount from SB Energy. In a separate development, Zhongneng United has raised funding in its Series C1 round from state-owned SPIC Industrial Fund Management.

SoftBank’s SB Energy invests in Aulton

In what seems to be a strategic investment, Shanghai-headquartered energy service internet platform Aulton New Energy Automotive Technology has raised an undisclosed amount from SB Energy, a subsidiary of Japanese conglomerate SoftBank Group, per an announcement.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter