ENOVATE Skyline Motors

Automobiles, Other Vehicles & PartsSeries CShanghai, Chinaenovatemotors.com

Latest round

Series C

Last raised

Oct 2020

Total raised

$747M

Investors

3

About ENOVATE Skyline Motors

Established in 2015 and based in Shanghai, China, ENOVATE Skyline Motors is a new energy vehicle research and development manufacturer. The company's main business includes the research and development and sales of new energy vehicles, new energy vehicle repair and maintenance and other services. The company has production plants in Changsha, Hunan, Shaoxing, Zhejiang and Nanning, Guangxi, and was formerly known as Dearcc Auto, a subsidiary of LeTV. at the end of 2022, the company completed the signing of a joint venture with local Saudi Arabia Sumou Holding, which plans to set up a manufacturing and R&D base for new energy vehicles. The company produces new energy vehicles and currently has two suv models, ME5 and ME7, and one sedan, ME-S. The company's vehicles are all pure electric models equipped with the company's unique Connected-Pilot connected vehicle system, which allows some models to achieve L4 level autonomous driving. The company also has its own service brand, Skyjoy, which provides vehicle maintenance and roadside assistance services to customers.

Who invested in ENOVATE Skyline Motors

3 investors across 1 round

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Funding rounds

  1. Series C

    Oct 14, 2020

    Amount

    $747M

    Investors

    Locked

Questions about ENOVATE Skyline Motors

Who invested in ENOVATE Skyline Motors?

ENOVATE Skyline Motors has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has ENOVATE Skyline Motors raised?

ENOVATE Skyline Motors has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did ENOVATE Skyline Motors last raise money?

ENOVATE Skyline Motors's most recent round on record is a Series C, in Oct 2020.

What does ENOVATE Skyline Motors do?

Established in 2015 and based in Shanghai, China, ENOVATE Skyline Motors is a new energy vehicle research and development manufacturer.

Where is ENOVATE Skyline Motors headquartered?

ENOVATE Skyline Motors is headquartered in Shanghai, China.

Which VCs invest in companies like ENOVATE Skyline Motors?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back automobiles, other vehicles & parts companies at ENOVATE Skyline Motors's stage. Their profiles are linked below.

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