Shulou(Shulou.com)11/24 Report--

Sina Technology News on the afternoon of September 27, Beijing time, people familiar with the matter said today that Geely Group's electric truck brand "long-distance vehicle" is seeking financing of about 300 million US dollars. This is also the first round of financing for long-distance cars.

Singapore logistics and real estate giant GLP Pte will be the main investor in this round of long-distance car financing, according to people familiar with the matter. In addition, Citic Investment backed CPE, Korea Future Asset (Mirae Asset) and GLy Capital Management (China Hong Kong Investment Corporation, which is backed by Geely and SK) are also considering following.

People familiar with the matter also said that the discussions were still ongoing and that the details could change in the future.

In response, a representative of Geely said the company did not comment on its internal business. A spokesman for GLP Pte declined to comment, while FutureAsset, CPE and GLy Capital Management have yet to comment.

In recent years, the global decarbonization campaign has attracted great interest from investors in the electric vehicle market. Last year, electric truck maker Rivian Automotive raised more than $13.7 billion in an initial public offering in the US.

According to the official website of Geely Group, long-range vehicles, owned by Geely New Energy Commercial vehicles, were officially launched in October 2016, specializing in the production and sale of new energy and clean energy commercial vehicles.

Last year, Fan Xianjun, CEO of Geely New Energy Commercial vehicle Group, said that the group was considering IPO within three to five years.

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.