- Its auto sector has taken the top spot for funding so far this year.
- Much of that has been from capital flowing into EVs.
- The biggest deals this year include Changjiang Capital’s $1.57 billion bet on a high-end electric car startup founded by Renault China CEO Soh Weiming, and a $1.17 billion Series A round for Sunwoda’s EV battery unit, driven by investors including Shenzhen Capital Group and National Green Development Fund Management.
China auto sector takes VC funding top spot
