EV maker NETA Auto has completed a D3 round of financing worth several hundred million yuan, led by Dayone Capital. Adding the previous D1 and D2 rounds, NETA has raised nearly 10 billion yuan (US$1.5 billion).
In addition to the Angel round and A round, NETA auto has received a total of eight rounds of financing.
It is reported that NETA has opened a pre-IPO round of financing with a target valuation of about 45 billion yuan, and plans a Hong Kong IPO this year.
