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CHINESE ELECTRIC TRUCK MAKER WINDROSE LIFTS FUNDRAISING GOAL TO $300 MILLION

  • NEWS Desk Global
  • Mar 26
  • 1 min read



Chinese electric truck startup Windrose is increasing its final round of funding to $300 million, a person with direct knowledge of the matter said, as it plans more assembly plants in Europe and the United States.

The company, which was previously aiming for $200 million in this round in equity investments and debt, is also planning an initial public offering in the United States to raise $400 million this year, doubling its previous target, said the person, who declined to be named as the matter is private.

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