NASN automotive electronics secures USD78.47 million in C-round of financing

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Corporate developments

NASN will invest in R&D and industrialization of new drive-by-wire chassis products

According to a press release dated 22 December, Shanghai NASN Automotive Electronics, a mainland Chinese drive-by-wire supplier, recently announced a CNY500-million (USD78.465 million) Series C funding led by CATL, BOCGI, CMG-SDIC Capital, and GL Ventures.

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