Lingyi Automobile, a company focused on new energy heavy trucks and intelligent driving, has secured $200 million in Series B2 funding. The round included investments from industrial capital such as Zijin Mining and Shandong Energy Group, international institutions like Temasek, and domestic venture capital firms. This latest funding, combined with a previous $120 million RMB round, brings Lingyi Automobile's total financing in the past two months to $400 million. AI
IMPACT Accelerates development and deployment of intelligent driving systems in heavy trucks.
RANK_REASON Significant funding round for an AI-adjacent company. [lever_c_demoted from significant: ic=1 ai=0.7]
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