Yingche technology completed a financing of US $270 million, led by JD logistics, meituan and taimeng investment group

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On August 3, yingche technology, an autonomous truck technology and operation company, announced the completion of round B equity financing of US $270 million. This round of financing is jointly led by JD logistics, meituan and taimeng investment group (PAG), followed by deppon express, IDG capital, China Merchants Bank International, SDIC investment promotion, mirae asset (future assets), eight roads and Bohua capital, and followed by the original shareholders, such as PLoS Yinshan capital, Ningde times, Weilai capital and Zhongding capital.
It is understood that after this round of financing, winning technology will increase its investment in the auto self driving system of the whole stack, Xuanyuan, and accelerate the layout in the field of electrodynamics.