Geely's new energy vehicle rental service has pulled in $96.7m in series A funding from investors including Ningbo Yincheng Group.

Xiaolinggou, a China-based clean vehicle rental service spun off by automotive manufacturer Zhejiang Geely Holding Group, has closed a RMB688m ($96.7m) series A round, 36Kr reported yesterday. The round included state-owned infrastructure developer Ningbo Yincheng Group and an entity called Hangzhou Puzhao Technology. Formed in 2018 as a subsidiary of electric vehicle producer Geely, Xiaolinggou…

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