[Updated] EV brand Voyah raises over $698m in China's largest EV funding round

Editor’s note: This story, originally published on Nov. 18, has been updated following the company’s official press release.

Voyah, a premium electric vehicle brand under China’s auto giant Dongfeng Motor Group has notched 5 billion yuan ($698.4 million) in a Series A round led by Mixed Ownership Reform Fund, a national fund that supports mixed-ownership reforms of state-owned enterprises (SOEs), and Bank of China (BOC) Financial Asset Investment, according to a company announcement on Friday.