WeNeng completed a Series C financing of 670 million yuan.

36Kr learned from Aiqicha App that on November 3rd, Wuhan WeNeng Battery Asset Co., Ltd. completed a Series C equity financing of 670 million yuan. The investors include the founding shareholders of WeNeng, NIO Capital, Haining Economic Development Zone, and Hainan Chengmai. Public information shows that the funds from this round of financing will be mainly used for the deployment of battery asset-related businesses, technological R & D iteration, etc.