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China electric car newcomer Future Mobility raises US$200m in latest financing round

Cost-wise, electric vehicles are getting more and more affordable, says Future Mobility president Daniel Kirchert.


CHINESE electric car venture Future Mobility Corp, co-founded by former BMW and Nissan Motor executives, has raised US$200 million from investors including China's Suning and Fullshare Holdings in its latest round of financing.

Most of the money will be used for product...

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