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Zero Car says it will raise $1 billion in Hong Kong IPO: Not true

via:AI财经社     time:2021/10/12 20:00:30     readed:99

On Oct. 12, In response to the market rumors that Zero Runner is considering raising $1 billion in an IPO in Hong Kong, Zero Runner told the media that the news is not true.


Public information shows that Zhejiang LeapMotor Technology Co., LTD. (LEAPMotor) was established in December 2015 in Hangzhou, Zhejiang province. Leapmotor is an ELECTRIC vehicle developer with complete independent research and development capabilities of intelligent electric vehicles.

According to official data released by Zerocar, zerocar deliveries reached 12,987 units in the third quarter, of which 4,095 units were delivered in September, up 432% year on year. In terms of orders, a total of 8,754 zero-run cars were ordered in September, among which 7,541 zero-run T03 models were ordered.

According to the Tianyancha App, Zero-Run Technology has conducted 7 rounds of financing since its establishment, and its investment institutions include Dahua Holdings, Guosen Securities, Sequoia China, CICC Capital, etc. The latest round of financing, in August, was 4.5 billion yuan, with Hangzhou State Capital investing 3 billion yuan. With the addition of the 4.3 billion yuan series B financing completed in January, Zerocar has raised more than 8 billion yuan in financing this year. (

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