Financially troubled Enovate reportedly close to getting life-saving money
CN EV Post
MARCH 16, 2023
Image from Enovate's Weibo) Enovate Motors, the Chinese new energy vehicle (NEV) startup that announced late last year that it would build a production base in Saudi Arabia, is actually facing financial woes in its home market. Enovate has closed eight financing rounds totaling more than RMB 11.5
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