Li Auto’s Chip Arm Secures $224M Funding
hitechexpert.topShanghai Mahe Xin Technology, the dedicated chip subsidiary of Chinese electric vehicle maker Li Auto, has successfully closed its first round of funding, raising a significant 1.625 billion RMB (approximately $224 million USD).
This strategic investment underscores Li Auto’s commitment to advancing its in-house chip development capabilities. Key Investors and Valuation The funding round was spearheaded by prominent investors including Hangzhou Jingtong, BlueRun Ventures, and Huaye Tiancheng, with participation from Qiming Venture Partners.
