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flag Chinese firm DeepWay secures $115M to advance electric truck tech and global expansion.

flag DeepWay, a Chinese company specializing in electric and intelligent heavy trucks, has completed a Series B financing round, raising 750 million RMB ($115 million). flag The funding, led by ZHONGAN Capital and Puhua Capital, will accelerate research and development, mass production in Hefei, and the expansion of its key component industrial layout in Changxing. flag The company aims to boost its market share in new energy heavy trucks and expand globally.

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