BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B
Green Car Congress
OCTOBER 9, 2018
There was a $1-billion initial public offering by NIO, a $585-million Series C venture capital round by Guangzhou Xiaopeng Motors and a $294-million pre-IPO round by Zhejiang Dianka Automobile. The largest six VC/PE new equity deals of 2018 so far have all involved Chinese electric vehicle firms, including the two mentioned above during 3Q.
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