Speed Leopard Power obtains tens of millions of RMB in strategic financing

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Jiangsu Subao Power Technology Co., Ltd. (hereinafter referred to as "Subao Power"), a leader in the new energy heavy-duty truck skateboard chassis segment, announced that it has received tens of millions of RMB in strategic financing from Sequoia China Seed Fund and Shunwei Capital. Subao Power was established on March 1, 2022 and is located in the Jiangsu High-tech Nanda Innovation Park in Liyang City. As the first technology company in China focusing on new energy commercial vehicle skateboard chassis, Subao Power is based on its new understanding of the skateboard chassis track.