Zhilith IoT completes billion RMB Series B financing.

On December 25th, ZhiLi Internet of Things Technology Co., Ltd., a provider of zero-carbon supercharging and fast exchange solutions, announced the completion of a billion yuan B round of financing. This round of financing was led by Jiuzhi Capital, and the funds will be used to build a fully integrated manufacturing base for 20,000 sets of battery exchange systems in Yongkang City, as well as to strengthen research and development and market expansion.