New energy intelligent heavy-duty truck manufacturer Weidu Technology completes B2 round of financing

New energy heavy-duty truck company Weidu Technology recently completed a new round of Series B financing, totaling US$110 million. Investors include HSBC, HITE Hedge Asset Management, Goodman Group, and executives from world-renowned brands and logistics companies. The funds will be used to accelerate the development and production of 49-ton full-load 670 km long-range pure electric heavy-duty trucks, and promote vehicle testing and operation route testing in China, the United States, Europe and other places.