China EV war: Top 5 investment funds in electric vehicles to watch out for in 2021


Source: scmp.com scmp.com

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WM Motor, Leapmotor and Aiways plan IPOs in Shanghai as they fight for market share in the world’s largest electric vehicle market Hong Kong-listed Geely and China Evergrande New Energy Vehicle Group plan A-share sales We flag the biggest upcoming fundraising drives by Chinese electric car companies in 2021 and point out the new entrants to watch in the booming industry. China’s fundraising boom for electric cars looks set to continue through the Year of the Ox as the capital-intensive industry ploughs billions of dollars into new models, marketing and infrastructure across the world’s largest car market. The single largest...