Weidu Technology Completes RMB 100 Million B1 Round of Financing

At the end of 2023, Weidu Technology completed a B1 round of financing worth 100 million yuan. Investors included Hefei Baohe District Linghang Venture Capital Fund, Australia's largest industrial real estate group Goodman Group, Hong Kong listed company Zo Future Group and Hanwen. The financing funds will be used to accelerate the mass production and delivery of its new energy intelligent driving heavy trucks. Weidu Technology has a research and development team of more than 100 people, 80 of whom have more than 8 years of experience in heavy trucks. Weidu Technology has received orders for more than 5,000 vehicles in Europe and the United States.