China electric truck startup Windrose to raise $200m ahead of US IPO

China electric truck startup Windrose to raise $200m ahead of US IPO

A Windrose electric truck is seen near the Golden Gate Bridge in San Francisco, California, U.S., in this May 2024 handout picture provided by Windrose on July 23, 2024. Windrose/Handout via REUTERS

Chinese electric truck startup Windrose is aiming to raise $200 million in its final round of funding in equity investments and debt before it seeks an initial public offering in the United States, a person with direct knowledge of the matter said.