Wuhan's new energy vehicle industry is booming, and Lantu Motors has completed its Series A financing

Lantu Motors, located in Wuhan, has completed its Series A strategic financing, with a financing amount of 4.55 billion yuan. This financing event has become the largest first round of financing in China's new energy vehicle industry to date, making Lantu's market valuation close to 30 billion yuan. As the location of China's Auto Valley, Wuhan has become one of the most densely populated areas in the global automotive industry.