Suba Technology completes financing of over 1 billion yuan

Suba Technology announced the completion of a new round of strategic financing, raising hundreds of millions of yuan, bringing its total financing to over 1 billion yuan. Suba Technology also announced the establishment of its headquarters in Xiamen and clarified its global industrial layout. The company also showcased its proprietary electric drive axle technology and its flagship all-electric heavy-duty truck, the "Black King Kong."