Chinese EV chassis maker Tongyu Automotive bags $70.6m in Series B round

Chinese EV chassis maker Tongyu Automotive bags $70.6m in Series B round

The logo of an electric car is painted on the road during the opening ceremony of the first Latin American public charging station, at Santiago, April 20, 2011. REUTERS/Ivan Alvarado/File photo

Tongyu Automotive has secured 500 million yuan ($70.6 million) in a Series B funding round roping in a slew of automaker-affiliated investors.

Edited by: Padma Priya